Branch² Intelligence
Tata Capital eyes $300 million overseas bond issue
Key takeaway
Tata Capital markets $300m Reg S dollar bond via StanChart, HSBC, MUFG.
- Step 1Tata Capital markets $300m Reg S dollar bond via StanChart, HSBC, MUFG.
- Step 2Funds raised improve Tata Capital's liquidity and on-lending capacity, enabling more competitive loan pricing.
- Step 3Increased lending by Tata Capital pressures other NBFCs to lower rates, compressing spreads across the sector.
Source: IN:Economic Times
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