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India: Tata to sell bonds to raise funds – report

A report carried by the Wall Street Journal claims that Tata Motors aims to sell bonds to raise at least Rs2bn (US$43m). Dow Jones Newswires, citing an unnamed source familiar with the matter, says the vehicle manufacturer plans to sell ten-year bonds, paying a coupon of 9.95%. The source has further claimed It’s time to … Continued

A report carried by the Wall Street Journal claims that Tata Motors aims to sell bonds to raise at least Rs2bn (US$43m).

Dow Jones Newswires, citing an unnamed source familiar with the matter, says the vehicle manufacturer plans to sell ten-year bonds, paying a coupon of 9.95%.

The source has further claimed

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