Tata Sons to raise funds via 10 yr bond at 9.30 pc: Sources

Tags: Companies
Tata Sons is looking to raise funds via 10-year bond at 9.30 percent and five-year at 9.25 percent, according to three sources directly associated with the deal.

IDFC is the sole arranger. The book on both the tranches is about 8 billion rupees ($134.4 million), two of the sources said.

($1 = 59.5300 Rupees)

EDITORIAL OF THE DAY

  • In lavishing largesse on bureaucrats, the government may be buying their loyalty

    Wednesday’s pay hike for central government employees continues to strengthen post colonial India’s colonial structures of power, privileges and p

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Urs Schoettli

Brexit from an East Asian point of view

The decision of the Br­itish voters to leave the European ...

Zehra Naqvi

The hawk & the human

Humankind is obsessed with the desire to fly. That’s why ...

Bubbles Sabharwal

A piece of peace

Travel is intoxicating and invigorating, magical and mystical! You never ...