Samvardhana Motherson brings high-yield play

Indian auto parts manufacturer brings debut dollar bond as analysts speculate it will use proceeds to buy US company.
Opening up and building out its investor profile
Opening up and building out its investor profile
June 10, 2016

Indian auto parts manufacturer Samvardhana Motherson Autosystems Group BV (SMRPBV) completed its debut dollar bond overnight on Wednesday, with analysts speculating proceeds will fund a US M&A deal.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media