trending Market Intelligence /marketintelligence/en/news-insights/trending/xLg--sYupVAfwNQ-e8WnYQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

India's Shriram Transport raises 22.91B rupees via debt issue

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive


India's Shriram Transport raises 22.91B rupees via debt issue

Shriram Transport Finance Co. Ltd. raised 22.91 billion Indian rupees through the allotment of debentures on a private placement basis.

The debentures were offered in six options, according to a March 27 filing.

The Indian company offered 5.25 billion rupees worth of 1,161-day zero-coupon debentures, 5.60 billion rupees of two-year debt with an 8.45% coupon and 9.20 billion rupees of five-year debentures with an 8.72% coupon.

Shriram Transport Finance also offered 24.99 billion rupees worth of 8.55% debentures that mature in three years, one month and 24 days; 1.15 billion rupees of 8.72% debentures maturing in four years, 11 months and 23 days; and 2.50 billion rupees of 8.72% debentures maturing in seven years, one month and 29 days.

As of March 27, US$1 was equivalent to 64.88 Indian rupees.