Review of Shriram Transport Finance NCD
Clinton Fernandes 04 January 2020
Shriram Transport Finance Company (STFC) plans to raise Rs1,000 crore through the issue of secured, redeemable non-convertible debentures (NCDs). Subscription to the second tranche of its public NCD issue will commence on 6 January 2020 and end on 22 January 2020, or earlier, at the company’s discretion. The NCDs are offering a minimum coupon rate of 8.52%pa (per annum) and maximum...
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