Shriram City Union raises Rs 300 crore via Northern Arc
The proceeds from the 30-months tenured issuance which was subscribed by multiple capital market investors.
The proceeds from the 30-months tenured issuance which was subscribed by multiple capital market investors
Shriram City Union Finance has raised Rs 300 crore through a market-linked debenture issue which was executed through the Northern Arc platform.
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The proceeds from the 30-months tenured issuance which was subscribed by multiple capital market investors, will be utilised for onlending such as vehicle finance, consumer finance, MSME finance and gold finance.
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Updated: Tue, Dec 07, 2021
03:36 PM IST
03:36 PM IST
New Delhi, PTI