SHFLIN 4.150% 18Jul2025 Corp (USD)

Bond Factsheet

Matured/ Called

Shriram Transport Finance Company Limited

Indicative

Full Lot

Bid Price

99.896

Change in Bid Price

0.009

Bid Yield (%)

Change in Bid Yield

Ask Price

100.150

Change in Ask Price

remove 0.012

Ask Yield (%)

Change in Ask Yield

Indicative price as of 18 Jul 2025, 12:00am

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Bond Information

Shriram Finance Limited provides consumer finance services. The Company offers automobile, commercial vehicle, business, and gold loan services. Shriram Finance serves customers in India.

Bond Issuer

Shriram Transport Finance Company Limited

Guarantor

Announcement Date

10 Jan 2022

Issue Date

18 Jan 2022

Maturity Date

18 Jul 2025

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

4.150

Coupon Type

Fixed

Annual Coupon Rate

4.150

Coupon Frequency

Semi Annually

Seniority

First Lien

Reference Rate

ISIN

USY7758EEH00

CUSIP

BT4269929

Bond Currency

USD

Total Issue Size

475,000,000

Outstanding Issue Size

395,000,000

Min. Investment Quantity (Nominal)

USD 200,000

Incremental Quantity (Nominal)

USD 1,000

Bond Type

High Yield Corporate

Bond Sector

Financials

Bond Sub Sector

Diversified Financial Services

Issuer Credit Rating (S&P/ Fitch)

***/ BB+

Bond Credit Rating (S&P/ Fitch)

***/ BB+

Shariah Compliant

Exchange Listed

SGX

Bond Feature(s)

Issuer Call

If Issuer Call is specified as being applicable in the applicable Pricing Supplement, the Issuer may, having given not less than the minimum period nor more than the maximum period of notice specified in applicable Pricing Supplement to the Noteholders in accordance with Condition 15 (which notice shall be irrevocable and shall specify the date fixed for redemption), redeem all or some only of the Notes then outstanding on any Optional Redemption Date and at the Optional Redemption Amount(s) specified in the applicable Pricing Supplement together, if appropriate, with interest accrued to (but excluding) the relevant Optional Redemption Date. Any such redemption must be of a nominal amount not less than the Minimum Redemption Amount and not more than the Maximum Redemption Amount, in each case as may be specified in the applicable Pricing Supplement.

Callable (in whole or in part) at par plus accrued and unpaid interest, if any, to (but not including) the redemption date, at any time on or after the Par Call Date (at 3 months prior to the Maturity Date), having given not less than the 15 days nor more than 30 days of notice to the Noteholders

Make Whole Call

Callable (in whole or in part) at par plus the applicable make whole premium plus accrued and unpaid interest, if any, to (but not including) the redemption date, at any time prior to the Par Call Date, having given not less than the 15 days nor more than 30 days of notice to the Noteholders

Change Control Put

Following the occurrence of a Change of Control Triggering Event, each Noteholder will have the right to require the Issuer to redeem any of the Notes held by such Noteholder at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest (including additional amounts pursuant to Condition 9 if any), if any, to (but excluding) the applicable date of redemption.

“Change of Control” means the occurrence of one or more of the following events:

(a) the direct or indirect sale, transfer, conveyance or other disposition (other than by way of a merger or consolidation undertaken in compliance with Condition 5.3), in one or a series of related transactions, of all or substantially all of the properties or assets of the Issuer to any Person, other than to Shriram Capital Limited;

(b) the Issuer consolidates with, or merges with or into, any Person, or any Person consolidates with, or merges with or into, the Issuer, other than any such transaction where holders of a majority of the voting stock of the Issuer, immediately prior to such transaction, hold securities of the surviving or transferee Person, immediately after such transaction, that represent at least a majority of the voting stock of such surviving or transferee Person and in substantially the same proportion as before such transaction;

(c) Shriram Capital Limited ceases to (i) be, directly or indirectly, the single largest shareholder in the Issuer or (ii) Control the Issuer; or

(d) the adoption of a plan relating to the liquidation or dissolution of the Issuer.

“Change of Control Triggering Event” means both a Change of Control and a Rating Decline.

(b) “Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of the Issuer, whether through the ownership of voting securities, by contract or otherwise.

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