Senior Secured Term - ECB
Funding for women-centric lending, promoting gender-inclusive financing
Deal Contribution
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Spearheaded the USD 100 million senior secured external commercial borrowing transaction for STFCL, coordinating closely with the Asian Development Bank (ADB) team.
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Facilitated strategic meetings and site visits with ADB representatives to Shriram's facilities, ensuring comprehensive understanding and alignment of objectives.
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Led negotiations and structured the deal to finance the purchase of lower emission commercial vehicles, adhering to Bharat Stage emission standards.
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Ensured the transaction aligned with STFCL's mission to finance pre-owned commercial vehicles for first-time users and small road transport operators, fostering environmental sustainability.
IMPACT
01
Reduced Environmental Impact:
Lower emission commercial vehicles in the transport sector significantly cut down air pollution and greenhouse gas emissions.
02
Environmental Sustainability:
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Upgrading MSME`s commercial vehicles with higher emission standards (minimum BS-IV) and (maximum of BS-VI), promoting cleaner transportation.
03
Empowerment and Inclusion:
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Directly supports economic opportunities for women and marginalized communities, leading to greater financial inclusion and entrepreneurship.
