Tata Capital to raise up to $2 billion from overseas mkt
The New Indian Express Jeypore|December 24, 2024
TATA CAPITAL, which after the merger with the group company Tata Motor's NBFC subsidiary has become the 12th largest non-bank player in terms of AUM, is tapping the global debt market to raise up to $2 billion as part of its medium-term notes (MTN) programme.
ENS ECONOMIC BUREAU @ Mumbai

Global rating agency S&P on Monday assigned a BBB- rating to the issue.

It is not immediately known when the company will hit the market or how much they are going to raise in the first tranche, but typically a rating comes when an issuer is already in the market.

Tata Capital did not respond to an email from TNIE. "We equalized the ratings on the senior secured and senior unsecured notes under the MTN programme with our long-term issuer credit rating on the issuer. This is because the company is prudentially regulated," S&P said in a note.

この記事は The New Indian Express Jeypore の December 24, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The New Indian Express Jeypore の December 24, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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