Tata Steel to raise 10 bn rupees via dual tranche bonds
The company will issue six-year and eight-year bonds at 9.15 percent, the source said.
The issue is rated AA+ by Care and Brickworks and is scheduled to open and close on Thursday.
Yes Bank is the sole arranger to the bond sale, said the source.
Tata supplies steel and related services to construction, automotive and aerospace markets among others.
Company INFO More on Tata Steels
Be the first to comment.