Home » Shriram to raise Rs 1k cr

Shriram to raise Rs 1k cr

Shriram to raise Rs 1k cr

Shriram Transport Finance will raise Rs 500 crore through debentures with a greenshoe option of Rs 500 crore. The tenure of the bond will be 3-5 years. Corporate bond yields have risen by over 5-10 basis points in the past one month anticipating a rate hike by the RBI. The three-year bond is rated AAA.

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