- Sammaan Capital Limited (BSE: 535789 / 890192, NSE: SAMMAANCAP/EQ) fully exercised its $18 million cash tender, paying $18,790,050.03 and cutting the outstanding $350 million 9.70% Senior Secured Social Bonds due 2027 from $324 million to $306 million.
- The entire $18 million was accepted early on 3 August 2026, with an early‑tender price of $1,035 per $1,000 principal.
- The tender closed at 5:00 PM CET on 17 August 2026; any bonds tendered after this deadline will be returned with no consideration paid.
- No further cash outflows are expected beyond the accrued interest already paid, and the remaining $306 million of bonds will continue to accrue interest until maturity in 2027.
Sammaan Capital’s $18 million bond tender reduces its debt and limits near‑term cash outflows, which is likely to be viewed modestly positively by investors. The impact should be small and short‑lived, with the stock edging up a little before normalising.
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Forecast from comparable, historic events. Not investment advice.
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