Shriram Transport and Hero FinCorp may raise up to $600 mn offshore loan

MUMBAI: Finance and Hero FinCorp (HFCL) are planning to raise up to $600 million through a syndicated offshore loan on increasing demand in the logistics space, three people familiar with the matter told ET. “The process of syndication is going on as the terms are not yet finalized,” said one of the persons cited above.…Continue Reading