Shriram's social bond gets stellar US support

Morgan Davis

January 10, 2020 08:00 AM

India_truck_PAImages_10Jan2020 — A truck loaded with sugar cane is driving on a highway in the state of Tamil Nadu in South India, taken on 08.02.2019 | usage worldwide | Reinhard Kaufhold/DPA/PA Images

Shriram Transport Finance Co appealed to investors in the US by selling a social bond that flew off the shelves, allowing the Indian non-banking financial company to raise $500m.

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Topics

Green and Social Bonds Deutsche Bank JP Morgan Credit Suisse Corporate Bonds India ING Asia South Asia Loans and High Yield LevFin High Yield Bonds Asia Pacific SRI Citi Barclays High yield Standard Chartered BNP Paribas LevFin Emerging Markets HSBC

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Morgan Davis

Deputy editor GlobalCapital Asia