India: Tata Motors offers early bond conversion

In a move aimed at "further optimising the capital structure of the company," Tata Motors has issued an invitation to certain bondholders to convert their notes into equity about a year earlier than the existing March 2011 and April 2011 conversion dates. Tata asserts that, "conversion by the noteholders will It’s time to log in … Continued

• By Webmaster
• March 23, 2010