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Muthoot Microfin plans to raise Rs 450 crore in bonds over the next two months, the company said on Thursday. The company will target high-net-worth individuals for placing the bonds on a private placement basis, said CEO Sadaf Sayeed. The bonds are priced between 9.70% and 9.95% per year. Muthoot Microfin to raise Rs 450 […]
Microfinance provider Satin CreditCare Network completed the increase of RS 100 crore in bonds, the company said Friday. The fund was picked up in two different tranches. The first tranche of RS 40 Crore was raised on July 24, while the last RS 60 Crore was completed on August 21. The funds, structured with repayments […]
