SAMMAANCAPNSESAMMAAN CAPITAL LIMITEDMediumNeutral
Announced Mon, 17 Aug · 22:26 IST

Sammaan Capital completes USD 18M bond buyback via tender offer

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SAMMAANCAP · price

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Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹153.70
prior close
₹153.33
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AI summary

Sammaan Capital completed its cash tender offer for USD 350 million 9.70% Senior Secured Social Bonds due 2027. The company bought back USD 18 million (the full maximum purchase amount) at USD 1,035 per USD 1,000 face value, paying USD 18.79 million in total including accrued interest. USD 306 million of bonds remain outstanding after the buyback.

Likely market impact

Company reduces foreign bond debt by USD 18M ahead of 2027 maturity, indicating strong liquidity and proactive liability management.