Shriram Transport Finance’s NCD Issue: Should You Invest?
Moneylife Digital Team 27 June 2018
Chennai-based Shriram Transport Finance Company, an asset financing non-banking finance company (NBFC), has come out with its biggest non-convertible debentures (NCD) issue. The total issue size is Rs5,000 crore and has been rated ‘CRISIL AA+/Stable’ by CRISIL and ‘IND AA+:Outlook Stable’ by India Ratings credit agencies. The funds raised through this issue will be used for onward lending and...
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