Tata Capital plans up to Rs 35bn 3-year bond sale at 8.05%
India’s Tata Capital plans to raise up to 35 billion rupees via three-year bonds, including a greenshoe option of 17.5 billion rupees. The coupon is 8.05%, with commitment bids invited.
India's Tata Capital NSE:TATACAP plans to raise up to 35 billion rupees ($370.45 million), including a greenshoe option of 17.5 billion rupees, through the sale of bonds maturing in three years, three bankers said on Friday.It will pay a coupon of 8.05% and has invited commitment bids for the issue…