Srei BNP Paribas plans to raise Rs.1,000 crs through
Non-Convertible Debentures

Successfully closes its first tranche of Non Convertible Debentures (NCDs) issuance with an overwhelming response

Srei BNP Paribas has successfully closed its first tranche of Private Placement of Rs. 250 crores Non Convertible Debentures (NCD) with a subscription of more than Rs. 280 crores. The issue  opened on August 10, 2009 and closed on August 24, 2009.
The company plans to raise Rs. 1,000 crores through NCDs in this financial year. The company would open its second tranche with a lower interest rate, in view of the overwhelming response to the first tranche.
The issue was made on a private placement basis with minimum subscription of Rs. 5,00,000. The NCDs issued under the Issue would be listed and made available for trading at Wholesale Debt Segment of NSE.
The Lead Arrangers to the Issue were ICICI Securities Limited, Axis Bank Limited, Enam Securities Private Limited, JM Financial Consultants Private Limited, Kotak Mahindra Bank Limited and Tata Capital Markets Limited.
About Srei BNP Paribas
Srei BNP Paribas (Registered name: Srei Equipment Finance Private Limited) is a 50:50 joint-venture between Srei Infrastructure Finance Ltd., India’s leading and only private sector Non Banking Financial Institutions in the infrastructure space and BNP Paribas Lease Group (BPLG), a wholly owned subsidiary of BNP Paribas, France.
Srei BNP Paribas started its operation from January 01, 2008 with the equipment financing and equipment insurance businesses and has further plans to expand its business to new verticals such as agriculture equipment, medical equipment, information technology and other equipment classes. Srei BNP Paribas enjoys a strong national presence with a network of 63 offices in India.
About Srei Infrastructure Finance Limited
Srei   is   a   Holistic   Infrastructure  Institution,  constantly  and consistently  ideating to deliver innovative solutions in infrastructure space,  thus  playing a significant role in nation-building for over two decades,  both  in  urban  and  rural  India.  Srei’s businesses include Infrastructure  Equipment  Leasing  &  Finance,  Infrastructure  Project Finance,  Advisory  &  Development,  Insurance Broking, Venture Capital, Capital Market and Sahaj e-Village. Srei has a pan-India presence with a network  of  63  offices  and  has  also  replicated  its business model overseas  with  three  offices  in  Russia.  Srei is the first Indian infrastructure financing institution to get listed on the London Stock Exchange. Srei BNP Paribas, a joint venture between Srei Infrastructure and BNP Paribas Lease Group, a wholly owned subsidiary of BNP Paribas, is a Srei Group company engaged in Infrastructure Equipment Leasing and Financing Business.

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