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Tata Motors plans to raise Rs 300 crore via bonds: report
25 Mar 2014, 12:37 PM IST
Tata Motors is planning to raise Rs 300 crore through 4-year 11-month bonds at 10 per cent, a source with direct knowledge of the deal said.
The bonds are rated AA+ by Care rating agency, and Deutsche Bank is the sole arranger to the bond sale, said the source.
Copyright: Thomson Reuters 2014
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