Fusion Finance allots INR 160 bn debentures via private placement

Fusion Finance Limited (formerly Fusion Micro Finance Limited) announced the allotment of 16,000 secured, rated, listed, redeemable, transferable, non-convertible debentures. Each debenture carries a face value of INR 100,000, totaling an aggregate nominal value of INR 160,000,000,000. This issuance was completed on a private placement basis.

The debentures, allotted on December 16, 2025, will mature on December 16, 2028, and offer a coupon/interest rate of 10.95% per annum. Interest payments are scheduled at nine-month intervals over 36 months from the deemed date of allotment. These debentures are proposed to be listed on BSE Limited.

The principal amount of these debentures is secured by a first-ranking and exclusive charge of 1.10x over the company's receivables, which are free from any encumbrances. The Working Committee meeting to approve this allotment commenced at 3:00 PM (IST) and concluded at 3:45 PM (IST) on December 16, 2025.