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 New Indian Express.
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Denne historien er fra December 24, 2024-utgaven av The New Indian Express.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Centre puts tungsten mining in TN on hold
THE Ministry of Mines on Tuesday requested the Tamil Nadu government to keep the process of issuing the Letter of Intent (LoI) to the preferred bidder, Hindustan Zinc Limited, for mining of tungsten in Nayakkarpatti Tungsten Block in Madurai on hold.
Allu Arjun grilled for three hours, seeks bail
ACTOR Allu Arjun, accused in the Sandhya Theatre stampede case, was on Tuesday grilled for more than three hours by the police.
Lokpal calls Sebi chief for oral hearing
TAKING cognizance of complaints of impropriety and conflict of interest filed by Trinamool Congress MP Mahua Moitra and two others, anti-corruption body Lokpal on Tuesday called Sebi chief Madhabi Puri Buch and the complainants for 'oral hearing' on January 28.
BJP X'mas outreach hits Kerala wall
A day after Prime Minister Narendra Modi participated in the Christmas celebration hosted by the Catholic Bishops' Conference of India (CBCI) in Delhi, a senior Orthodox Church Bishop in Kerala on Tuesday openly questioned the saffron party's outreach to the Christian community.
Arif transferred to Bihar, Bhalla goes to Manipur
Kerala governor shifted to NDA-ruled Bihar; former home secy gets to manage Manipur
REVEL IN THE HOLIDAY SEASON
Head to Accord Hotels & Resorts, or Kaldan Samudhra Palace to celebrate the festive season with your family
AN EXQUISITE BONFIRE 'BBQ NIGHTS'
FIRE up your weekends; give into sizzling smoky flavours of the new BBQ Nights at Nectar.
Celebration of cultures
As the holiday season envelops Chennai, the city transforms into a vibrant festive haven, blending its rich cultural heritage with the universal cheer of Christmas.
Festive season's unveiling at Savera Hotel
SAVERA Hotel's festive season celebrations begin with a delightful journey of artisanal creations, festive menus, and holiday cheer, crafted by our culinary experts.
'New election rule amendment gravest threat to democracy'
CHIEF MINISTER MK Stalin on Monday alleged that democracy is facing its gravest threat under the BJP-led union government as it has made a reckless amendment to Section 93(2)(a) of the Conduct of Election Rules of 1961 to \"kill transparency\" and appealed to all political parties to counter the \"assault on free and fair\" elections.
