Sammaan Capital has approved the issuance of $450 million in senior secured social bonds due in 2030, carrying a 7.5 percent annual interest rate. The proceeds will support sustainable development initiatives under RBI’s external commercial borrowing guidelines. Deutsche Bank AG, Singapore Branch, will act as the sole bookrunner.
Sammaan Capital Limited, formerly known as Indiabulls Housing Finance, has taken a significant step toward sustainable finance by approving the issuance of $450 million in senior secured social bonds. This move, announced on October 9, 2025, reflects the company’s commitment to inclusive development and its strategic shift toward ESG-aligned capital raising.
Key highlights of the bond issuance:
- The bond issue is valued at $450 million, with a 7.5 percent annual interest rate, maturing on October 16, 2030
- Bonds will be listed on the Debt Securities Market of NSE IFSC Limited, enhancing visibility and access for global investors
- Interest payments will be made semi-annually, on April 16 and October 16 each year until maturity
- Principal repayment is scheduled for October 16, 2030, aligning with long-term infrastructure and social impact goals
- The issuance complies with RBI’s external commercial borrowing (ECB) guidelines and is aligned with Sammaan Capital’s sustainable financing framework
- Deutsche Bank AG, Singapore Branch, has been appointed as the sole bookrunner, ensuring smooth execution and international participation
- The funds will be deployed toward affordable housing, financial inclusion, and other social development projects, reinforcing the company’s ESG commitment
- This marks a milestone in Sammaan Capital’s transformation journey following its rebranding and promoter exit earlier this year
Sammaan Capital has been actively raising capital to support its growth in the affordable housing segment. Including this bond issuance and a previous rights issue of ₹3,700 crore, the company has mobilized over ₹5,000 crore in equity and debt over the past 12 months.
The social bond issuance not only strengthens Sammaan’s balance sheet but also positions it as a forward-looking financial institution committed to inclusive development and sustainability.
Sources: ScanX News, Economic Times