Sammaan Capital is diving into the global market with dollar bonds—will this be the game-changer for India’s NBFC sector?
Sammaan Capital, a leading non-banking financial company (NBFC) in India, has made headlines with its latest move. On Monday, the company announced plans to raise funds by issuing dollar-denominated bonds. While the exact amount remains under wraps, this decision marks a significant step in the company’s growth strategy.
Why Dollar Bonds?
Dollar bonds are a popular choice for Indian financial institutions looking to diversify their funding sources. By tapping into the global market, Sammaan Capital aims to strengthen its financial position and support its expansion plans. This move also reflects a broader trend among Indian NBFCs seeking offshore funding to fuel growth.
The bond issuance has garnered strong support from some of the biggest names in global finance. Barclays Bank, CLSA, Deutsche Bank, Elara Capital, Emirates NBD, Nuvama, and UBS have been appointed as joint bookrunners. These institutions will play a crucial role in structuring the offering and ensuring its success in the international market.
What’s Next?
While the company has yet to finalize the tenor and coupon rate of the bonds, global investors are expected to show significant interest in the offering. Sammaan Capital will reveal further details, including pricing and investor response, in the coming weeks as it finalizes its plans.
Sammaan Capital’s decision to issue dollar bonds is not just about raising funds—it’s a strategic move to position itself as a key player in the global financial landscape. With the backing of major international banks, this offering could set a new benchmark for Indian NBFCs.
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