According to a Reuters report, citing an unnamed source said to be familiar with the matter, Tata Motors plans to raise at least Rs5bn (US$89.9m) via the sale of five- and seven-year bonds at 10%. HSBC is reported to be the sole arranger to the deal, the source indicated. In May 2011, Subscribe to Automotive … Continued
According to a Reuters report, citing an unnamed source said to be familiar with the matter, Tata Motors plans to raise at least Rs5bn (US$89.9m) via the sale of five- and seven-year bonds at 10%.
HSBC is reported to be the sole arranger to the deal, the source indicated.
In May 2011,
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