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Muthoot Finance
BSE: 533398NSE: MUTHOOTFINISIN: INE414G01012

10th-Oct-2019 17:36Source: BSE

Muthoot Finance - Establishment Of Global Medium Term Note Programme

Board of Directors of the Company, in its meeting held on August 12, 2019 had authorized raising of funds by way of establishing a Global Medium Term Note Programme for up to USD 2 billion (US Dollars Two billion only). In furtherance of our intimation letter dated August 12, 2019, the Finance Committee of the Board of Directors in its meeting held today approved the establishment of Global Medium Term Note Programme for up to USD 2 billion (US Dollars Two billion only) for the purpose of raising of funds through issuance of foreign currency bonds or rupee denominated bonds overseas on public/private basis in international markets subject to market conditions and regulatory approvals

Please note that establishment of the Global Medium Term Programme is only an enabling step and presently, no instruments are being issued by the Company. Appropriate intimations will be made to the stock exchanges as and when the Company issues any instruments under the Global Medium Term Note Programme.

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