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Tata Motors offers 5.625% on 2023 bonds

This is the second time in less than a year JLR has raised capital through bonds
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First Published: Tue, Jan 29 2013. 10 57 PM IST
Jaguar Land Rover (JLR) raised £500 million last year.
Jaguar Land Rover (JLR) raised £500 million last year.
Mumbai: Tata Motors Ltd, the parent company of Jaguar Land Rover Plc, which announced plans of raising $500 million through senior bonds last week, said the debt maturing in 2023 will offer an annual yield of 5.625%.
This is the second time in less than a year that JLR has raised capital through bonds. It raised £500 million last year.
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First Published: Tue, Jan 29 2013. 10 57 PM IST
More Topics: Tata Motors | JLR | Bonds | Capital |
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