Shriram Transport Finance Company completes allotment of $475M social bonds; Stock down 1%

19 Jan 2022 , 10:07 AM

Shriram Transport Finance Company Limited has completed the issuance and allotment of USD 475 million, 4.15% Senior Secured Notes due 2025 (Social Bonds) equivalent to Rs3,513,93,75,000/- under the USD 3,500,000,000 Global Medium Term Note Programme, through the relevant Common Depositories.

At around 10.10 am, Shriram Transport Finance Company Ltd was trading at Rs1,187.25 per share down by Rs16.15 or 1.34% from its previous closing of Rs1,203.40 per share on the BSE.