Shriram Transport Finance Company Limited’s (STFC) Banking and Finance Committee approved issuance of USD 500,000,000 4.40% Senior Secured Notes due 2024 (Social Bonds) under the USD 3 billion Global Medium Term Note Programme updated on December 24, 2020. The Social Bonds will be secured by the creation of Charge on a specified pool of receivables exclusively earmarked for this issuance.