New York, Nov. 28 – Shriram Transport Finance Co. Ltd. informed the Bombay Stock Exchange that it allotted Rs. 1.75 billion of secured redeemable nonconvertible debentures.
The debentures have a 7.92% coupon and mature after three years.
The securities were issued as a private placement.
The company provides financing for commercial vehicles and is based in Mumbai.
Issuer: | Shriram Transport Finance Co. Ltd.
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Issue: | Secured redeemable nonconvertible debentures
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Amount: | Rs. 1.75 billion
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Tenor: | Three years
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Coupon: | 7.92%
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Allotment date: | Nov. 25
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