by Amruth Sundarkumar | Mar 31, 2023 | High Yield Bonds, India
Muthoot Finance has announced a tender offer to purchase up to $225mn of its $550m 4.4% bonds due September 2023. The bonds were issued in March 2020 and are rated BB/BB+. Bondholders who tender their notes before the early deadline of April 10 will receive $1,000 per...
by Amruth Sundarkumar | May 27, 2022 | Corporates, India
India-based gold financing company Muthoot Finance reported a standalone quarterly net profit dip of 3.6% YoY to INR 9.6bn ($120mn) during the quarter ending March 2022. The total income of the NBFC (non-banking finance company) declined to INR 26.69bn ($340mn), down...
