CreditAccess Grameen Completes USD 40 Million Non-Convertible Bond Issuance

1 min read     Updated on 18 Mar 2026, 11:02 PM
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Reviewed by
Radhika SScanX News Team
Overview

CreditAccess Grameen Limited has successfully completed the issuance and allotment of USD 40 million secured non-convertible bonds comprising 4,000 units of USD 10,000 each. The 60-month tenure bonds carry a coupon rate of 240 basis points plus Term SOFR with half-yearly interest payments and are secured by hypothecation over loan receivables. The bonds will be listed on NSE IFSC Limited, providing the microfinance company with medium-term capital resources for business operations.

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*this image is generated using AI for illustrative purposes only.

CreditAccess Grameen Limited has announced the successful completion of its USD 40 million non-convertible bond issuance, marking a significant milestone in the company's fundraising activities. The microfinance institution informed stock exchanges on March 18, 2026, about the completion of this dollar-denominated debt instrument offering.

Bond Structure and Terms

The bond issuance consists of 4,000 secured, rated, and listed non-convertible bonds, each carrying a face value of USD 10,000. The total issue size aggregates to USD 40,000,000, representing a substantial capital raising exercise for the company.

Parameter: Details
Issue Size: USD 40,000,000
Number of Bonds: 4,000 units
Face Value per Bond: USD 10,000
Tenure: 60 months
Listing Exchange: NSE IFSC Limited

Interest and Payment Structure

The bonds carry an attractive interest structure with a coupon rate set at 240 basis points plus Term SOFR, to be determined on the quotation day. This floating rate mechanism ensures that the interest payments remain aligned with prevailing market conditions.

Payment Details: Terms
Coupon Rate: 240 basis points plus Term SOFR
Interest Payment: Half-yearly basis
Principal Payment: As per Information Memorandum terms

Security and Collateral

The bonds are backed by robust security arrangements to protect investor interests. The issue is secured by an exclusive first ranking and continuing charge created through hypothecation over specific loan receivables and book debts, both present and future. This security structure will be formalized through an unattested deed of hypothecation executed by the issuer in favor of the trustee for the benefit of bondholders.

Regulatory Compliance

The bond issuance follows the company's earlier intimation to stock exchanges dated December 10, 2025, demonstrating adherence to regulatory disclosure requirements under SEBI Listing Regulations. The completion of this issuance represents the fulfillment of the company's previously announced fundraising plans.

The successful completion of this USD 40 million bond issuance provides CreditAccess Grameen with additional capital resources to support its microfinance operations and business expansion activities. The 60-month tenure offers the company a medium-term funding solution while the NSE IFSC listing provides liquidity options for investors.

Source: None/Company/INE741K01010/d147598f-365c-42b1-805f-43ea10c3fc51.pdf

Historical Stock Returns for Credit Access Grameen

1 Day5 Days1 Month6 Months1 Year5 Years
-2.96%-3.54%-9.68%-16.97%+23.36%+69.47%
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CreditAccess Grameen schedules investor meeting with WhiteOak Capital Management for March 18, 2026

1 min read     Updated on 17 Mar 2026, 08:39 PM
scanx
Reviewed by
Radhika SScanX News Team
Overview

CreditAccess Grameen Limited has scheduled a one-to-one investor meeting with WhiteOak Capital Management on March 18, 2026, from 8:00 AM to 9:00 AM IST in physical mode. The company has informed BSE Limited and National Stock Exchange of India Limited about this meeting under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Company Secretary & Compliance Officer Deepti Ramani and carries reference number CAGL/EQ/2025-26/174.

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*this image is generated using AI for illustrative purposes only.

Credit Access Grameen Limited has announced a scheduled investor meeting with WhiteOak Capital Management, as communicated to stock exchanges under regulatory compliance requirements. The microfinance institution has provided formal intimation to both BSE Limited and National Stock Exchange of India Limited regarding this upcoming engagement.

Meeting Details

The investor meeting has been structured as a one-to-one engagement between the company and WhiteOak Capital Management. The meeting details are outlined in the following schedule:

Parameter: Details
Date: March 18, 2026
Time: 8:00 AM – 9:00 AM IST
Investor: WhiteOak Capital Management
Meeting Type: One to One
Mode: Physical

Regulatory Compliance

The company has fulfilled its disclosure obligations pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation, read with Schedule III Part A, mandates listed companies to inform stock exchanges about material events and investor meetings.

The communication was formally addressed to both major stock exchanges where CreditAccess Grameen shares are listed. The company maintains its registered and corporate office at 49, 46th Cross, 8th Block, Jayanagar, Bengaluru-560070.

Corporate Communication

The intimation was signed by Deepti Ramani, Company Secretary & Compliance Officer, and bears the reference number CAGL/EQ/2025-26/174. The document was digitally signed on March 17, 2026, demonstrating the company's commitment to timely regulatory disclosures.

This investor meeting represents part of CreditAccess Grameen's ongoing engagement with institutional investors and fund management companies. Such meetings typically involve discussions about business performance, strategic initiatives, and market outlook, though specific agenda items for this meeting have not been disclosed.

Historical Stock Returns for Credit Access Grameen

1 Day5 Days1 Month6 Months1 Year5 Years
-2.96%-3.54%-9.68%-16.97%+23.36%+69.47%
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1 Year Returns:+23.36%