Muthoot Finance Completes Pre-Payment Of Commercial Borrowings

Muthoot Finance announced to have completed pre-payment of external commercial borrowings, announced in a release. The official exchange issued by the finance company read, "The board on March 28 had approved the pre-payment of external commercial borrowings of $550 million."  In addition, the company also initiated steps for cancellation on Senior Secured Notes issued by the company under the Global Medium Term Note Programme.