Shriram Finance raises $500 million from investors via USD Social Bonds

Quick Summary:

They would also routinely tap the domestic debt capital markets to raise funds.

The Chennai based NBFC will look to tap the overseas bond market again to raise funds once the rates ease further.

Previously, the firm had raised $750 million through issuance of social bonds from global investors in January.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Bond market Gold bond issuance Finance sector Interest rates

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-25 @ 15:01:10 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 385 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22705278

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Official Website: business-standard.com

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