Shriram Finance grabs $750M through Social Bonds!

Shriram Finance has raised $750 million via social bonds in a 3.25-year tenor. The bond received a strong response from over 200 investors and had an order book in the range of 4x the issue size. Umesh Revankar, Executive Vice Chairman of Shriram Finance, stated that social impact is a focus area for the company and that the bond received significant interest from the international investor community.