Shriram Finance Limited (SFL), one of India’s largest non-banking finance companies, has made a significant stride in the global financial markets by successfully raising $500 million through the issuance of social bonds. These bonds, which are fixed-rate senior secured notes, were issued under the company’s $3.5 billion Global Medium Term Note Programme. The bonds were […]
Shriram Finance Limited (SFL), one of India’s largest retail financing Non-Banking Finance Companies, has successfully priced a USD 750 million Fixed Rate Senior Secured 144A / Reg S Bond for a 3.25-year tenor, marking the largest deal size by the company. This significant financial milestone is the company’s 8th successful USD public bond issuance since […]
Shriram Transport Finance Company (STFC) said that it has raised INR 1,998.98 crores through a qualified institutions placement (QIP) of equity shares. The non-banking finance company, which is part of the Shriram group, had launched the QIP on 7 June 2021 and is said to have received 6.3x oversubscription. The QIP, which saw the participation […]