"Muthoot Finance Completes $150 Million Bond Issuance with Trilegal's Guidance"

"Muthoot Finance has successfully issued $150 million in senior secured notes due in 2030, with a coupon rate of 6.375%. This issuance is part of an expanded global medium-term note program, which has increased from $2 billion to $4 billion. The notes were listed on NSE IFSC Ltd. in GIFT City, India. Trilegal provided legal advice for this transaction, following their assistance with a previous $600 million bond issuance last month. The proceeds from the notes will be used for lending and other permitted activities."

Trilegal acted as legal counsel for Muthoot Finance Limited in a recent bond issuance transaction. The transaction involved the upsize of Muthoot Finance's global medium-term note program from $2 billion to $4 billion, along with the issuance of Rule 144A/Regulation S, USD-denominated senior secured notes due in 2030, with a coupon rate of 6.375%. The total amount raised through this issuance was $150 million, and the notes were listed on NSE IFSC Ltd. in GIFT City, India. The transaction team from Trilegal was led by Richa Choudhary (Partner) and included Avanti Kale (Counsel) and Aayush Khandelwal (Senior Associate). Additionally, Joseph Jimmy (Partner) and Tania Chourasia (Counsel) provided advice on Banking & Finance aspects of the transaction. This follows Trilegal's assistance to Muthoot Finance on a previous $600 million bond issuance last month.

"Muthoot Finance Completes $150 Million Bond Issuance with Trilegal's Guidance"

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