Tata Capital's Landmark $400 Million Bond Issuance

In a significant financial milestone, Tata Capital has successfully raised $400 million through its first-ever USD bond issuance. The fixed rate senior unsecured bond, set for a 3.5-year tenor, attracted an overwhelming response, with the final order book being subscribed over 4 times. This move not only marks Tata Capital's debut in the international bond market but also showcases the company's strong creditworthiness and the global investor community's confidence in its financial health.

The bond issuance, priced at an attractive interest rate of 5.4%, is a testament to Tata Capital's strategic financial planning and its ability to leverage favorable market conditions. This successful fundraising effort is expected to bolster the company's liquidity, enabling it to pursue new growth opportunities and further strengthen its position in the financial services sector.