Buyback29 Aug 2025, 05:07 pm
Shriram Finance Ltd Buys Back USD 45 Million of Senior Secured Notes
AI Summary
Shriram Finance Ltd has purchased and settled USD 45,000,000 of the total principal amount outstanding of USD 150,000,000 Senior Secured Floating Rate Notes due 2026 under its USD 3,500,000,000 Global Medium Term Note Programme. The purchase is in compliance with the applicable laws including Master Directions on External Commercial Borrowings, Trade Credits and Structured Obligations issued by the Reserve Bank of India on March 26, 2019.
Key Highlights
- Shriram Finance Ltd has purchased and settled USD 45,000,000 of its Senior Secured Floating Rate Notes due 2026
- The purchase is in compliance with the applicable laws including Master Directions on External Commercial Borrowings, Trade Credits and Structured Obligations issued by the Reserve Bank of India
- The purchase is part of the company's USD 3,500,000,000 Global Medium Term Note Programme