BuzzLuv !

Shriram Finance unit raises $300 mn via ‘first of its kind’ social bonds | Finance News

Business Standard

[ad_1] The certificates were issued by another Shriram Group entity called Sansar Vehicle Finance Trust in December 2022. MUMBAI (Reuters) – India Vehicle Finance, a Mauritius-incorporated special purpose vehicle set up by Shriram Finance, has raised $300 million in a “first-of-its-kind deal” by an Indian issuer, according to a term sheet seen by Reuters. … Read more

IIFL Finance to raise $242 mn via rights basis, non-convertible debentures | Finance News

Business Standard

[ad_1] IIFL Finance said on Wednesday it would raise funds up to Rs 2,000 crore ($241.5 million) as the non-bank lender looks to shore up capital after India’s central bank barred it from offering gold loans. The company will raise the funds through the issue of shares on rights basis and non-convertible debentures … Read more