Shriram Transport Finance – NCD issue is opening in the 1st week of May

AUCKLAND, NEW ZEALAND - DECEMBER 06: David Be...

Shriram Transport Finance – NCD issue is opening in the 1^st week of May

Tenor would be 5Yrs and 7Yrs with Put and call option after 3Yrs and 5Yrs respectively. It means technically the tenor is 3Yrs and 5Yrs.
The issue size is Rs500cr and out of that Rs400cr is reserved for Retails investors.
Coupon rate would be in the range of 9.50% to 10.50% (it is still in the finalization stage. The final rate would be communicate to you shortly)

HDFC MF will be launching the following FMP's next week

HDFC FMP 367D April 2010
Opening Date - 20th April 2010 (Tuesday)
Closing Date - 22nd April 2010 (Thursday)
HDFC FMP 36M April 2010
Opening Date - 20th April 2010 (Tuesday)
Closing Date - 27th April 2010 (Tuesday)

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