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Muthoot Finance provides dollar bond guidance, say bankers.
short by Kalpesh / on Tuesday, 7 May, 2024
India's Muthoot Finance is planning to raise funds through U.S. dollar-denominated bonds maturing in three years and nine months and has provided initial guidance for a coupon of around 7.375%, two bankers said on Tuesday.Muthoot Finance is aiming to issue benchmark-sized bonds, which means the issuance will be around $500 million.
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