Bond

Rajiv Sabharwal, Managing Director and Chief Executive Officer, Tata Capital Limited

Tata Capital Raises $400M via First USD Bond Issue

The Company engaged with global investors in Hong Kong, Singapore and London. On the back of strong investor interest, the transaction was launched with an initial price guidance of UST + 125 bps. Following a strong book building, supported by high quality investors, the Company was able to tighten pricing by 33bps to UST + 92 bps.

By SMEStreet Edit Desk