Muthoot Fin to raise Rs. 600 cr via bonds - Muthoot Finance Ltd. Latest News

Muthoot Finance, country’s largest gold loan financing company, plans to raise Rs. 600 crore though public bond sale as funding from banks get expensive after the central bank scratched out lenders against gold from the subsidised priority sector lenders’ list. The issue will open on December 22, 2011, and close on January 7, 2012. The company is borrowing funds through two, three, five-year bonds and five-and-a-half year zero-coupon bonds. Funds raised through the issue would be used to repay existing liabilities and towards lending and investment. There are four investment options, including a 24-month plan, which will pay 13% coupon to different categories of investors, while 36-month and 60-month maturities will both pay a coupon of 13.25%. A 66-month option will pay a coupon of 13.43% to different categories of investors. The face value of each NCD is Rs.1,000 and the minimum application is for five NCDs and in multiples of each NCD thereafter.

Company Name	CMP
Bajaj Finance	1040.00
Shriram Finance	1007.00
Aditya Birla Capital	402.00
Tata Capital	350.05
Chola Invest & Fin.	1770.45
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Company Name

CMP

1040.00

1007.00

402.00

350.05

1770.45

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.