E-Paper
Tata Motors to sell 1 bln rupees of bonds: sources
Tata Motors will sell 1 billion rupees of bonds this week, two sources with knowledge of the matter said on Monday. The 10-year bonds carry a coupon rate of 9.75 per cent and are rated 'AA-minus' by CARE and 'A-plus' by ICRA, they added.
Updated on: May 10, 2010, 11:51:25 IST
Share via
Copy link
Tata Motors to sell 1 bln rupees of bonds: sources
Tata Motors will sell 1 billion rupees of bonds this week, two sources with knowledge of the matter said on Monday.
The 10-year bonds carry a coupon rate of 9.75 per cent and are rated 'AA-minus' by CARE and 'A-plus' by ICRA, they added.
Yes Bank is arranger to the issue.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
