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Muthoot Finance, India’s leading gold-loan NBFC, has raised $600 million through an External Commercial Borrowing (ECB) issuance under its $2-billion Global Medium-Term Note (GMTN) Programme. The senior secured notes carry a coupon of 6.375%, with a tenor of 4.5 years. Funds will boost lending, reflecting investor confidence and expansion in gold-loan market.
short by / 04:58 pm on 15 Sep
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