Published on 1/13/2020 in the Prospect News Emerging Markets Daily.
New Issue: India’s Manappuram Finance sells $300 million 5.9% three-year notes
By Marisa Wong
Los Angeles, Jan. 13 – Manappuram Finance Ltd. issued $300 million of 5.9% senior secured notes due 2023, according to a notice.
UBS AG Singapore Branch and Barclays Bank plc are the lead managers and bookrunners.
The non-banking financial company is based in Thrissur, India.
Issuer: | Manappuram Finance Ltd.
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Issue: | Senior secured notes
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Amount: | $300 million
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Maturity: | Jan. 13, 2023
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Bookrunners: | UBS AG Singapore Branch and Barclays Bank plc
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Coupon: | 5.9%
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Settlement date: | Jan. 13
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