Muthoot Microfin to raise Rs 450 crore in high-yield bonds over two months

Muthoot Microfin will raise Rs 450 crore through privately placed bonds aimed at high net worth investors over the next two months. The three tranches, offering 9.7–9.95% interest, begin December 3, ahead of the RBI policy announcement, according to the company.Muthoot Microfin will raise Rs 450 crore through privately placed bonds aimed at high net worth investors over the next two months. The three tranches, offering 9.7–9.95% interest, begin December 3, ahead of the RBI policy announcement, according to the company.