550 million: Muthoot Finance gains over $ 55 billion in international debt market – over 907 million internet users by 2023

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Muthoot Finance Ltd, India’s largest gold loan company, has raised $ 550 million ($ 55 billion) from the international bond market. The fixed-rate senior secured notice was issued. The interest on the 3-year bond is 4.4%. The company raised $ 45 billion from the bond market last October.


Funds have been raised from Singapore, Hong Kong, London and the US. 38% are from Asian countries. The bond will be listed on the International Securities Market on the London Stock Exchange.
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The company’s second issue from the international bond market also received a positive response. This is an endorsement for the non-banking sector of India. George Muthoot said.

india will have over 907 million internet users by 2023

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