Tata Motors to sell Rs 1b of bonds
Tuesday, 11 May 2010
MUMBAI, May 10 (Reuters): Tata Motors will sell Rs 1 billion of bonds this week, two sources with knowledge of the matter said 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.
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.