Mufin Green Finance Lists $6M USD Bonds on India INX
Mufin Green Finance has secured final listing approval for its United States Dollar (USD)-denominated senior non-convertible bonds on the Global Securities Market of India International Exchange (IFSC) (India INX) at GIFT City.
The issue has a total size of USD 6 million and comprises up to 600 senior, rated and listed notes. The bonds carry a coupon of 4.50 percent plus the Secured Overnight Financing Rate (SOFR) and have a maturity date of September 11, 2029.
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The bonds were admitted for trading on the India INX platform with effect from September 22, 2026. India INX has specified a tick size of 0.0001, while the minimum subscription and trading denomination is 10 bonds, with subsequent transactions permitted in multiples of one bond.
The listing provides Mufin Green Finance with access to the international debt capital market through the International Financial Services Centre (IFSC) at GIFT City. The company can potentially use the platform to broaden its access to international investors and diversify its sources of debt funding.
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