SREI Infrastructure Finance’s arm Srei Equipment Finance is planning to raise Rs 70 crore via 5-year 7-month bonds at a coupon rate of 12.60 percent. The deal is rated ‘AA’ by Fitch and Brickwork Ratings. ING Vysya Bank is the arranger to the deal.
SREI Infrastructure Finance’s businesses include infrastructure equipment leasing and finance, infrastructure project finance, advisory and development, insurance broking, venture capital, capital market and Sahaj e -Village. The company has been financing in the infrastructure sector for the last 22 years and has a customer base of over 30,000 all over the country.
