Shriram Transport raises $ 500 million via social bonds Shriram Transport Finance Company (STFC) announced that it has managed to raise $500 million out of $ 3 billion raising plans, which was earlier approved by its board. The company completed the allotment through senior secured notes. In a stock exchange filing, the company said that they have completed the issuance and allotment of 5.1 per cent senior secured notes or popularly known as social bonds, of $500 million out of $ 3 billion under the Global Medium Term Note (GMTN) programme,...
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Shriram Transport: Expect Wt down in MSCI (Foreign Room drops below 15%). As per SHTF release, the Foreign ownership has increased from 62.5% to 64.44%% resulting in the Foreign room dropping below 15%
Shriram Transport to continue to tap overseas markets for funding: SP Shriram Transport Finance Co (STFC) has upsized the programme to USD 3 billion from USD 2 billion, the rating agency said in a statement.
Shriram Transport Finance bonds to offer 8.52-9.10% Shriram Transport Finance will be offering a coupon in the range of 8.52-9.10% under various interest payment options.The issue will open for subscription on January 6
Shriram Transport Finance to raise up to Rs 1,000cr via bonds "The funds raised will be used for onward lending, financing and for repayment/ prepayment of interest and principal of existing borrowings of the company and for general corporate purposes," the release said.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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