Shriram Transport Finance Company issues Senior Secured Notes (Rupee Denominated Bonds) aggregating Rs 175 crore
On 18 January 2017
Shriram Transport Finance Company announced that the Company has issued on 20 January 2017 the Senior Secured Notes due 2020 payable in U.S. Dollars with coupon of 8.25% p.a. amounting to Rs. 1,750,000,000 (the 'Rupee Denominated Bonds') offshore to The Hongkong and Shanghai Banking Corporation, Hongkong. The required details in respect of the Rupee Denominated Bonds are enclosed in Annexure - I.This Rupee Denominated Bonds have been consolidated and form a single series with the Rs 4,750,000,000 8.25 percent Secured Notes due 2020 Payable in U.S. Dollars issued on 18 January 2017.
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First Published: Jan 20 2017 | 5:46 PM IST