Bond Shriram Transport Funding 8.5% ( INE721A07LF6 ) in INR
| Issuer | Shriram Transport Funding |
| Market price | 100 % ⇌ |
| Country | India
|
| ISIN code |
INE721A07LF6 ( in INR )
|
| Interest rate | 8.5% per year ( payment 1 time a year) |
| Maturity | 19/08/2019 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 000 INR |
| Total amount | 1 500 000 000 INR |
| Detailed description |
Shriram Transport Finance Company is a leading Indian non-banking financial company (NBFC) specializing in financing commercial vehicles, including trucks, buses, and tractors, primarily serving small and medium-sized businesses. An analysis of the debt instrument identified by ISIN INE721A07LF6 reveals its nature as a bond issued by Shriram Transport Finance, a prominent non-banking financial company (NBFC) based in India primarily engaged in the financing of commercial vehicles and other asset-backed lending across the nation, with this specific bond denominated in Indian Rupees (INR) carrying an annual interest rate of 8.5%, representing a total issuance size of INR 1,500,000,000, and featuring a minimum purchase requirement of INR 1,000,000, which was originally offered at 100% of its face value and had a maturity date of August 19, 2019, with annual interest payments, ultimately reaching its full maturity and being successfully repaid to bondholders. |
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