Tata Motors jumpstarts Asia high-yield pipeline

The Indian automaker’s onshore listed company launches an inaugural $750m dual-tranche bond, making use of the country’s recent relaxation of withholding tax policy.
October 24, 2014

Tata Motors sold a $750 million dual-tranche offering on Thursday night, the first Indian entity to make use of the nation’s recent relaxation in withholding tax rules.

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