By Susanna Moon
Chicago, Aug. 2 – Shriram Transport Finance Co. Ltd. notified the Bombay Stock Exchange that it allotted Rs. 1 billion of 8.8% secured redeemable debentures due in three years.
The company sold 1,000 debentures with a face value of Rs. 1 million each in a private placement, according to a notice.
The company provides financing for commercial vehicles and is based in Mumbai.
Issuer: | Shriram Transport Finance Co. Ltd.
|
Issue: | Secured redeemable nonconvertible debentures
|
Amount: | Rs. 1 billion
|
Coupon: | 8.8%
|
Tenor: | Three years
|
Allotment date: | Aug. 2
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.