Archive · 21 Aug 2025
Sammaan Capital to Raise $300 Million via Social Bonds
Sammaan Capital, a company that provides loans, is getting money by selling special bonds.
These bonds, called social bonds, are worth $300 million and will be paid back over three years.
Investors who buy these bonds will receive 8.95% interest.
The company will use this money to give out more loans.
This is a part of the company's plan to help people and follow responsible financial practices.
The company was formerly known as Indiabulls Housing Finance Ltd, and has been working to recover from past financial difficulties.
Sammaan Capital plans to raise $300 million through senior secured social bonds.
The bonds have a 8.95% coupon rate and a three-year tenure.
Interest payments will be made semi-annually until maturity in August 2028.
Deutsche Bank AG is the sole bookrunner for the issuance, executed via its Singapore branch.
The proceeds will be used for lending and other activities under RBI's ECB guidelines.
- Who
- Sammaan Capital is raising the funds, Deutsche Bank AG is the sole bookrunner.
- What
- Sammaan Capital will raise $300 million via social bonds.
- When
- Interest payments will be made semi-annually until August 2028.
- Where
- The bonds are expected to be listed on the Global Securities Market (GSM) of the India International Exchange (IFSC) Ltd at GIFT City.
- Why
- The company will use proceeds for lending and activities permitted under the Reserve Bank of India's guidelines.
- Company
- Sammaan Capital Ltd
- Amount to be raised
- $300 million
- Bond Type
- Senior secured social bonds
- Coupon Rate
- 8.95%
- Tenure
- 3 years
- Interest Payments
- Semi-annually
- Maturity Date
- August 28, 2028