Muthoot Finance Schedules Investor Calls for USD Bond Offering on January 28, 2026
Muthoot Finance Limited has scheduled investor calls for January 28, 2026 across Asia, EMEA and US for a benchmark USD senior secured bond offering under its $4 billion GMTN Programme. Deutsche Bank and Standard Chartered Bank will serve as Joint Global Coordinators for the 144A/Regulation S offering with 4.5 years tenor. The company maintains Ba1/Stable rating from Moody's and BB+/Stable from S&P and Fitch, with proceeds intended for onward lending activities under ECB Guidelines.

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Muthoot Finance Limited has announced investor calls scheduled for January 28, 2026 across Asia, EMEA and the United States for a potential USD-denominated senior secured bond offering. The announcement was made to Bloomberg as part of the company's disclosure under Regulation 30 of SEBI Listing Regulations.
Bond Offering Details
The company has appointed Deutsche Bank and Standard Chartered Bank as Joint Global Coordinators and Joint Bookrunners to arrange the investor calls. The potential offering involves a benchmark sized 144A/Regulation S USD-denominated senior secured bond with specific tenor characteristics.
| Parameter: | Details |
|---|---|
| Offering Type: | 144A/Regulation S USD senior secured bond |
| Tenor: | 4.5 years door to door |
| Weighted Average Life: | 4 years |
| Expected Moody's Rating: | Ba1 |
| Expected S&P Rating: | BB+ |
| Joint Global Coordinators: | Deutsche Bank, Standard Chartered Bank |
GMTN Programme Framework
The bond offering is being conducted under Muthoot Finance's existing $4 billion Global Medium Term Note Programme. The company has previously communicated updates regarding this programme through letters dated October 19, 2019, April 18, 2024 and October 6, 2025. The programme relates to the issuance of Senior Secured notes subject to market conditions and regulatory compliances.
Use of Proceeds and Regulatory Compliance
The proceeds from the Notes will be utilized by the company for onward lending and other activities as permitted under the ECB Guidelines. The usage will be in accordance with approvals granted by the RBI from time to time and must comply with ECB Guidelines and other applicable laws.
Current Credit Ratings
Muthoot Finance maintains investment-grade equivalent ratings from major international rating agencies:
| Rating Agency: | Current Rating | Outlook |
|---|---|---|
| Moody's: | Ba1 | Stable |
| S&P: | BB+ | Stable |
| Fitch: | BB+ | Stable |
Market Positioning
The company highlighted its market recognition as India's #1 Most Trusted Financial Services Brand 2025 according to FRA's Brand Trust Report. Muthoot Finance is also certified as a Great Place to Work for 2025, demonstrating its commitment to employee satisfaction and corporate governance standards.
The announcement includes comprehensive regulatory disclosures and compliance requirements for various jurisdictions, emphasizing the company's adherence to international securities regulations. The offering remains subject to market conditions and final regulatory approvals.
Historical Stock Returns for Muthoot Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -7.12% | -6.47% | -6.38% | +35.08% | +60.97% | +207.59% |


































