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Shriram Finance LimitedUpdates, 13-02-2025: Press Release

13-02-2025 | 11:22 am

Shriram Finance has successfully secured a landmark USD 500 million SACE covered loan facility through External Commercial Borrowings, marking one of the largest such transactions by a non-banking financial company (NBFC) in India. This 10-year facility, backed by SACE, aims to promote financing for both new and used Italian vehicles under SFL’s Social Finance Framework. Major global financial institutions like HSBC and Deutsche Bank participated, demonstrating strong confidence in SFL's creditworthiness.

This transaction highlights SFL's capabilities in navigating international financial markets and diversifying its funding sources, having already raised over USD 2.50 billion in offshore funding this financial year— the highest among Indian NBFCs for structured finance and sustainable initiatives. The collaboration with SACE not only strengthens SFL’s strategic partnerships but also enhances its mission to empower small business owners with responsible financial solutions, reinforcing a positive outlook for future growth.

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