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Shriram Finance accepts bids for 7.80% Sep 2029 bond reissue

Shriram Finance accepted bids worth INR 22 billion for a reissue of 7.80% September 2029 bonds. The company will offer a 7.85% yield, merchant bankers said.

SHRIRAMFIN

80% September 2029 bonds, three merchant bankers said on Tuesday. 85% on the issue and had invited bids earlier in the day, they said.