Srei proposes to raise Rs 1,000 Crore through Public Issue of Secured NCDs

Chandigarh, August 23, 2016: Srei Infrastructure Finance Limited ("Srei"), one of India's largest integrated infrastructure institutions, has filed the Draft Shelf Prospectus(DSP) with BSE Limited and National Stock Exchange Limited and Securities and Exchange Board of India (SEBI) for public issue of secured redeemable non-convertible debentures ("NCDs") of face value Rs 1,000 each aggregating up to Rs 1,000 crore (Shelf Limit).

Srei proposes to raise Rs 1,000 Crore through Public Issue of Secured NCDs

The NCDs will be issued in one or more tranches, subject to the Shelf Limit in accordance with the terms and conditions set out in separate tranche prospectus for each such tranche issue.

The object of the proposed issue is to raise funds for various lending/financing activities, to repay the company's existing loans and business operations. The NCDs offered through this Draft Shelf Prospectus are proposed to be listed on the BSE and NSE. The NCDs have been rated 'BWR AA+' (BWR Double A plus) by Brickwork Ratings India Private Limited ("BRICKWORK").

About Srei:

Srei is one of India's largest private sector integrated and holistic infrastructure institutions, delivering solutions in the infrastructure sector. The company has been operating for two-and-a-half decades, both in urban and rural India. Srei's businesses include Infrastructure Project Finance, Advisory and Development, Infrastructure Equipment Finance, Alternative Investment Funds, Capital Markets and Insurance Broking. Srei is headquartered in Kolkata and has presence across India.