CreditAccess Grameen allots $30m in non-convertible bonds to BlueOrchard

CreditAccess Grameen Limited has allotted 3,000 secured, rated, listed, United States Dollar Denominated Non-Convertible Bonds on a private placement basis. The allotment, made on December 24, 2025, aggregates to $30,000,000. These bonds have a face value of $10,000 each and will mature on December 24, 2030, with interest offered at 240 basis points plus Term SOFR.

The bonds were fully subscribed by a single investor, BlueOrchard Microfinance Fund, at an issue price of $10,000 per non-convertible bond. They will be listed on NSE IFSC Limited (Gift City). Security for the bonds includes a first ranking and continuing charge by way of hypothecation over specific loan receivables and book debts.

The redemption schedule for these bonds indicates a partial redemption plan: 750 bonds on December 27, 2028, another 750 bonds on December 24, 2029, and the remaining 1,500 bonds on December 24, 2030.