Shriram Finance Announces Tender Offer Results for Senior Secured Notes

Shriram Finance Limited has announced the final results of its tender offers for two series of Senior Secured Notes: U.S.$750,000,000 6.625% Senior Secured Notes due 2027 and U.S.$500,000,000 6.15% Senior Secured Notes due 2028. The tender offers expired on September 28, 2026. A total of U.S.$579,421,000 (77.26%) of the 2027 Notes and U.S.$352,101,000 (70.42%) of the 2028 Notes were validly tendered. The company accepted U.S.$299,979,000 of the 2027 Notes (47.8999% proration) and U.S.$160,000,000 of the 2028 Notes (37.2733% proration) for purchase, subject to the maximum acceptance amounts.