Shadow Lender Cholamandalam to Sell Largest India Perpetual Bonds by a Non-Bank

Shadow Lender Cholamandalam to Sell Largest India Perpetual Bonds by a Non-Bank

Cholamandalam Investment and Finance Co., one of India’s biggest shadow lenders, plans to raise as much as 20 billion rupees ($209 million) through the issuance of perpetual bonds, according to people familiar with the matter, the largest such debt s...

Cholamandalam Investment and Finance Co., one of India’s biggest shadow lenders, plans to raise as much as 20 billion rupees ($209 million) through the issuance of perpetual bonds, according to people familiar with the matter, the largest such debt sale by a private financier in the country.
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Bloomberg — Markets (EN)




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