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Jaguar Land Rover Automotive Plc launch Of £300 million senior notes offering

Jaguar Land Rover Automotive plc (the “Issuer”), the parent company of the Jaguar Land Rover group of companies and a subsidiary of Tata Motors Limited, announces the offer of £300 million Senior Notes due 2023 (the “Notes”). The Notes will be guaranteed (the “Guarantees”) on a senior unsecured basis by Jaguar Land Rover Limited and … Continued

Jaguar Land Rover Automotive plc (the “Issuer”), the parent company of the Jaguar Land Rover group of companies and a subsidiary of Tata Motors Limited, announces the offer of £300 million Senior Notes due 2023 (the “Notes”). The Notes will be guaranteed (the “Guarantees”) on a senior unsecured basis by Jaguar Land Rover Limited and Jaguar Land Rover Holdings Limited.

The Issuer intends to use the net proceeds from the issue and sale of the Notes, together with cash on hand, to repurchase any and all of its outstanding £500,000,000 8.250% Senior Notes due 2020 issued 27 March 2012 tendered in a tender offer (the “Tender Offer”). The Issuer intends to use any remaining proceeds not used in the Tender Offer for general corporate purposes. The Tender Offer is subject to the satisfaction or waiver of certain conditions precedent and may be extended, amended or terminated by the Issuer at any time in accordance with the terms of the Tender Offer.

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