Shriram Finance to reissue 7.80% Sept 2029 bonds, raise Rs 30 bln
India’s Shriram Finance plans to raise Rs 30 billion via reissue of 7.80% September 2029 bonds, with a 20 billion rupee greenshoe option. The issue offers a 7.85% yield.
80% September 2029 bonds, three merchant bankers said on Monday. 85% on the issue and has invited bids from bankers, the sources said.