By Tali Rackner
Minneapolis, Aug. 22 – Shriram Transport Finance Co. Ltd. informed the Bombay Stock Exchange that its allotment committee met on Tuesday and approved and allotted Rs. 250 million of 7.73% five-year secured redeemable non-convertible debentures.
The 250 rated and listed debentures, with a face value of Rs. 1 million each, were issued on a private placement basis.
The Mumbai-based company provides financing for commercial vehicles.
Issuer: | Shriram Transport Finance Co. Ltd.
|
Issue: | Secured redeemable rated listed non-convertible debentures
|
Amount: | Rs. 250 million
|
Tenor: | Five years
|
Coupon: | 7.73%
|
Allotment date: | Aug. 22
|
|
© 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.