January 23, 2017 BY Valentina Kirilova

SGX welcomes Shriram Transport’s inaugural Masala bond listing

Singapore Exchange (SGX) welcomed the inaugural rupee-denominated or Masala bond listing of Shriram Transport Finance Company, an Indian provider of financing for commercial vehicles. Shriram Transport raised Rs. 4.75 billion through a private placement of its Masala bond, which has a tenor of three years and one month and was priced at 8.25%. Based in…

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