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.
Denne historien er fra December 24, 2024-utgaven av The Morning Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 24, 2024-utgaven av The Morning Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Parental Guidance
The supporting role world chess champion D Gukesh's father played in his career highlights the role of parents dedicating their all to their child's success as a sportsperson
No plan to put more curbs on derivatives: Sebi
MARKETS regulator Sebi is not planning more curbs on trading activity in the derivatives segment, but is working on improving the system, including risk management and ease of doing business, a senior Sebi official said on Saturday.
Huge rush to Ajmer dargah, locals step in as all hotel rooms booked
AMID the controversy over the claims that the Ajmer Dargah is built over a Hindu temple, a record number of pilgrims attended the 813th Urs of Khwaja Moinuddin Chishti.
FIVE PROBLEMS TO RESOLVE IN BUDGET 2025
NOTHING crystallises public attention like a data point.
'Pathshala' of a different kind
The initiative is empowering residents with crucial knowledge to guard themselves against rising online crimes, writes Ejaz Kaiser
The Tale of an Unsung Queen
The author relies on a plethora of Urdu texts to provide a holistic view of the creation of a city
The Constancy of God's Love
In a world where everything is in constant flux, we find peace and assurance in the unchanging, eternal love for the divine
UNLOCKING POTENTIAL OF INDIA-US NUCLEAR DEAL
WHEN dealing with major powers, context is everything. The farewell visit of the US National Security Adviser to India, aimed at finalising certain details of ongoing nuclear and high-technology cooperation, brought the landmark 2008 civil nuclear deal back into focus.
River Sutra of Hidden Hierarchies
English philosopher Herbert Spencer's theory of evolution, popularised by Charles Darwin, argues survival of the fittest, thereby leading to a natural process of selection and extinction.
Stepping Up for the Punjab
Dancer Divya Goswami's performance focusing on an eternal love story of the region is a testament to her authenticity and the relevance of Kathak as a means of storytelling
