Shriram Transport Finance gets nod to issue $250 million Senior Secured Notes
12th Jul 2019

Shriram Transport Finance Company has received an approval for issuance of $250,000,000 Senior Secured Notes (to be consolidated and form a single Series with the $500,000,000 5.950 percent Senior Secured Notes due 2022 issued on April 24, 2019) under the $2,000,000,000 Global Medium Term Note Programme established on April 05, 2019. The Bond Issuance Committee of the company at its meeting held on July 11, 2019 has approved for the same.

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