Wed, December 18, 2024
[ Wed, Dec 18th 2024 ]: PM NEWS Nigeria
Ogun Assembly to probe MAPOLY business ventures
[ Wed, Dec 18th 2024 ]: Business Line
Bank of Baroda approves ?10,000 crore bond issuance for infrastructure and affordable housing
[ Wed, Dec 18th 2024 ]: Hartford Courant
Connecticut Port Authority hires top nuclear energy exec as new executive director
[ Wed, Dec 18th 2024 ]: Yahoo Finance
Siemens Gamesa sells power electronics business to ABB
[ Wed, Dec 18th 2024 ]: The Globe and Mail
Business Brief: What to make of Canada's new Finance Minister
[ Wed, Dec 18th 2024 ]: Forbes
Understanding Embedded Finance And The Growth Of White-Label Neobanking
[ Wed, Dec 18th 2024 ]: inc42
Leadership Exodus: Founders, CEOs Who Quit Their Startups In 2024
[ Wed, Dec 18th 2024 ]: indiaretailing
Retailer's body seeks lower interest rate, national retail policy
[ Wed, Dec 18th 2024 ]: Business Insider
4 banks that will pay you up to $300 when you open an account by the end of the year
[ Wed, Dec 18th 2024 ]: Fleet News
Industry jobs: Roles filled at Europcar, JCT600 V .. Car Leasing, CPD, Leasing Options and PayByPhone
[ Wed, Dec 18th 2024 ]: Kiplinger
You've Got a Trust: Now Who Should Be the Successor Trustee?
[ Wed, Dec 18th 2024 ]: India Today
Is Elon Musk becoming a kingmaker for govts across the world?
[ Wed, Dec 18th 2024 ]: WTOP News
Iran's rial hits a record low, battered by regional tensions and an energy crisis
[ Wed, Dec 18th 2024 ]: FTAdviser
How a Court of Appeal ruling affects motor finance agreements
[ Wed, Dec 18th 2024 ]: Post and Courier
Here's who made The Post and Courier's 2024 Power List for Columbia
[ Wed, Dec 18th 2024 ]: The New York Times
The Once Booming Drug Town Going Bust Under Taliban Rule
[ Wed, Dec 18th 2024 ]: USA Today
Listen up, businesses! Time's running out to claim your share of a $5.5B settlement
[ Wed, Dec 18th 2024 ]: Raconteur
2025 macroeconomic trends: Trade wars, tax hikes and the road to economic recovery
[ Wed, Dec 18th 2024 ]: ThePrint
Pramerica Life Partners with Policybazaar to Stre .. unching NextGen Pension Plan and Smart Invest 1UP
[ Wed, Dec 18th 2024 ]: Business Today
Jury Meet: 29th Edition Of BT Best Banks Awards 2023-24| India's Banking Future
[ Wed, Dec 18th 2024 ]: Business Standard
Global Subject Experts Deliberate on 'Information .. Digital Economy' at the ISB-NBER 2024 Conference
[ Wed, Dec 18th 2024 ]: Business Times
Citi and Maybank Securities collaborate to offer .. securities lending to Singapore retail investors
[ Wed, Dec 18th 2024 ]: moneycontrol.com
Shriram Finance seeks record $1.25 billion offshore loan split across currencies
[ Wed, Dec 18th 2024 ]: Reuters
Experts on Honda and Nissan's talks to deepen ties
[ Wed, Dec 18th 2024 ]: Firstpost
Rewind 2024: How 2024 was a banner year for IPOs on India's stock market
[ Wed, Dec 18th 2024 ]: MSN
2024 the 'year of the bond' as record inflows top $600 billion
[ Wed, Dec 18th 2024 ]: QSR magazine
How Burger King and Other Top Brands Are Preparing for 2025
[ Wed, Dec 18th 2024 ]: The Financial Times
Lars Windhorst and H2O: scandal, spies and the superyacht | FT Film
[ Wed, Dec 18th 2024 ]: The Financial Express
Controversial advertising: When brands cross the line in shock-and-awe campaigns
Tue, December 17, 2024
[ Tue, Dec 17th 2024 ]: moneycontrol.com
Why Aadhar Housing Finance is a sound long-term bet
[ Tue, Dec 17th 2024 ]: World Socialist Web Site
Canada's Liberal government implodes
[ Tue, Dec 17th 2024 ]: Seeking Alpha
MoneyLion Has An Unusual M&A Deal For You
[ Tue, Dec 17th 2024 ]: bnnbloomberg
Hong Kong Watchdog Searches Finance Firms' Offices in Listings Probe
[ Tue, Dec 17th 2024 ]: The New York Times
Bracing for a Fed Pullback
[ Tue, Dec 17th 2024 ]: The Globe and Mail
Business leaders' take on Finance Minister LeBlanc: deep ties to Trudeau, no ties to finance
[ Tue, Dec 17th 2024 ]: Mint
Enel India deal on the final stretch
[ Tue, Dec 17th 2024 ]: Finance & Commerce
Chaska advances Beckman Coulter expansion plans
[ Tue, Dec 17th 2024 ]: MSNBC
Meet Forbes Media's first female CEO in the company's 107-year history
[ Tue, Dec 17th 2024 ]: AOL
Is the GM stock rally just beginning?
[ Tue, Dec 17th 2024 ]: Reuters
Half US at high risk of power shortfall in next decade, regulator says
[ Tue, Dec 17th 2024 ]: Think Advisor
Draft Bill Attacks Wealthy Families' Private Placement Life Policies
[ Tue, Dec 17th 2024 ]: MSN
FASAC to get six new members in January 2025
[ Tue, Dec 17th 2024 ]: Forbes
CFOs Are Paid More, But Have Less Job Security
[ Tue, Dec 17th 2024 ]: cnbctv18
Top Stories | Sensex, Nifty at 2-week low, Trudeau's troubles, One Nation, One Election, and more
[ Tue, Dec 17th 2024 ]: Business Today
Restrictions lifted: ECL Finance and Edelweiss ARC get RBI's green signal
[ Tue, Dec 17th 2024 ]: Kiplinger
On the Naughty List: Holiday Tax Scams to Look Out For
[ Tue, Dec 17th 2024 ]: The New Zealand Herald
Inflation, OCR, and closures: a look at New Zealand's economy in 2024 - The Front Page
[ Tue, Dec 17th 2024 ]: Yahoo Finance
YYC DataCon 2025: Canada's Premier Data and AI Conference Returns Bigger Than Ever

Shriram Finance seeks record $1.25 billion offshore loan split across currencies

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. llion-offshore-loan-split-across-currencies.html
  Print publication without navigation Published in Business and Finance on by moneycontrol.com
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
The loan adds to this year's rush of offshore debt sales by Indian shadow lenders after the nation's central bank tightened rules in November 2023 that made it increasingly difficult for the sector to obtain local currency bank loans.
Shriram Finance, an Indian non-bank lender, is seeking to raise a record $1.25 billion through an offshore loan, marking the largest such deal by an Indian non-bank financial company. The loan will be split into three tranches: $500 million for five years, $500 million for three years, and $250 million for two years, with the possibility of extending the shorter terms by an additional year. The funds are intended for general corporate purposes, including refinancing existing debt. The loan will be denominated in multiple currencies including US dollars, euros, and Japanese yen, with initial pricing discussions set at around 200 basis points over the Secured Overnight Financing Rate (SOFR) for the dollar portion. This move comes as Shriram Finance aims to diversify its funding sources and manage its liabilities more effectively.

Read the Full moneycontrol.com Article at:
[ https://www.moneycontrol.com/news/business/companies/shriram-finance-seeks-record-1-25-billion-offshore-loan-split-across-currencies-12892307.html ]