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S&P
BSE SENSEX
73,088.33
+599.34
+0.83 %
Corporate Announcement
Security Code
511218
Company
Shriram Finance Ltd
Exchange Disseminated Time
Updates |
1/17/2017 4:28:54 PM
With reference to the earlier letter dated January 16, 2017 in connection with issue of INR 1,7500,00,000 Senior Secured Notes due 2020 payable in U.S. Dollars with coupon of 8.25% p.a. to be consolidated and form a single series with the Rs. 4,750,000,000 8.25 per cent. Senior Secured Notes due 2020 to be issued on January 18, 2017 ('Rupee denominated bonds'), Shriram Transport Finance Company Ltd has now informed BSE that Standard & Poor's has assigned 'BB+' rating to the Rupee denominated bonds. A copy of the rating letter is enclosed.
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