Shriram Finance approves $460 million cash tender offer
pre-market1 source ↓written by the desknot a recommendation
- for its outstanding
- $460 million
- of 6.625 notes
- $300 million
- of 6.15 notes
- $160 million
- as of June
- 34.2%
Shriram Finance has approved a cash tender offer of up to $460 million for its outstanding senior secured notes. This includes $300 million of 6.625% notes due in 2027 and $160 million of 6.15% notes due in 2028. The move enhances the company's capital adequacy, which stood at 34.2% as of June 30, 2026, and reflects a strategic liability management effort.
Not investment advice. For informational purposes only.