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India: Tata Motors plans Rs5bn bond issue – report

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, It’s time to … 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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