Sammaan Foundation
Non-Profit & Charitable Organizations · Virginia, United States · 201-500 Employees
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Overview
Headquarters
33464 Lee Hwy, Glade Spring, Virginia, 2...Phone Number
+91 6122591020Website
www.sammaan.orgRevenue
$26.6 MillionIndustry
About Sammaan Foundation
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Sammaan Foundation News & Media
Billion-$ play: IHC to acquire controlling stake of 40-45% in Sammaan Capital
Abu Dhabi-based International Holding Co. (IHC) is set to acquire a 40–45% controlling stake in Sammaan Capital Ltd, formerly Indiabulls Housing Finance, for about $1 billion, according to people aware of the deal. The UAE conglomerate, backed by Sheikh Tahnoon bin Zayed Al Nahyan, is expected to make an open offer for an additional 26%, which could raise its ownership beyond 65%.Sammaan Capital raises $300 million via overseas bond issue - The Economic Times
Sammaan Capital (formerly Indiabulls Housing) has successfully raised $300 million through a three-year bond issuance to overseas investors at 8.95%. This marks their first international issuance under the new brand and aims to diversify their funding base, targeting 10% from international sources. The company plans further overseas borrowing to reach 10-15% within the next year.
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Frequently Asked Questions Regarding Sammaan Foundation
Sammaan Foundation is a nonprofit organization based in India that empowers vulnerable communities through initiatives focused on better health, sustainable livelihoods, food security, and life skills training. Established in 2007, the foundation works extensively with marginalized groups such as rickshaw-pullers and street vendors to promote finan... Read More