Debt Debt financing
Shriram Finance secures $1.28 B syndicated loan from 12 global banks
Source Business Line (opens in a new tab)Press Release (opens in a new tab)
Chennai-based, publicly listed Shriram Finance Ltd (SFL) has raised USD 1.277 Billion External Commercial Borrowing (ECB) loan, structured across currencies including USD, EUR, and AED. The loan was arranged with 12 institutions, including the International Finance Corporation (IFC).Key global financial institutions including DBS Bank, HSBC, Standard Chartered Bank, and MUFG Bank participated as global coordinators and lead arrangers for the loan.The proceeds will be used to empower small entrepreneurs and support vulnerable groups across India.