Loan & Debt21 Jul 2026, 06:41 pm
Tata Capital Allots $400M Senior Notes Due 2030
AI Summary
Tata Capital Limited has announced the allotment of USD 400 million in 5.332 percent senior notes due 2030. This issuance is part of the company's USD 2 billion medium-term note program. The notes, rated 'BBB' by S&P Global Ratings, will be listed on the India International Exchange (IFSC) Limited (India INX). Proceeds will be used for onward lending and other activities in compliance with ECB regulations. The notes mature on January 21, 2030, with semi-annual interest payments.
Key Highlights
- Tata Capital issues $400M senior notes due 2030.
- Notes carry a 5.332% fixed interest rate, paid semi-annually.
- Issuance is part of a $2 billion medium-term note program.
- Notes rated 'BBB' by S&P Global Ratings.
- Proposed listing on India International Exchange (India INX).
Price Impact
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