trending Market Intelligence /marketintelligence/en/news-insights/trending/rdZyaEndlUtq8bdAbCIy0Q2 content esgSubNav
In This List

India's Srei Infrastructure Finance to raise 2B rupees in debt issue

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


India's Srei Infrastructure Finance to raise 2B rupees in debt issue

India's Srei Infrastructure Finance Ltd. is seeking to raise up to 2 billion rupees through an issuance of nonconvertible debentures.

The public offering, with an option to retain oversubscription up to 7.07 billion rupees, is expected to open Jan. 30 and close Feb. 23.

The company said Jan. 25 that it is offering secured debentures with tenors of 400 days, three years and five years. The debentures will have coupons of 8.50%, 9.25% and 9.50%, respectively.

As of Jan. 25, US$1 was equivalent to 68.08 Indian rupees.