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Shriram Transport Finance gets nod to issue Social Bonds

07 Jan 2021 Evaluate

Shriram Transport Finance Company has received approval from board of directors for issuance of $500,000,000 4.40 percent Senior Secured Notes due 2024 (Social Bonds) under the $3,000,000,000 Global Medium Term Note Programme updated on December 24, 2020. 

Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC.

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