Tata Motors’ wholly owned subsidiary- TML Holdings has issued and allotted $300,000,000 in principal amount of 5.75% senior fixed rate notes due 2021 (Notes). The net proceeds from the Notes will be used to repurchase certain equity shares issued to Tata Motors and for general corporate purposes. Australia and New Zealand Banking Group, Bank of America Merrill Lynch, Citigroup and HSBC have acted as joint lead managers and joint bookrunners.
Tata Motors is India's largest automobile company, is the leader in commercial vehicles in each segment, and among the top in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments. It is also the world's fourth largest truck and bus manufacturer.
| Company Name | CMP |
|---|---|
| Tata MotorsPassenger | 338.10 |
| Maruti Suzuki India | 13859.25 |
| Mahindra & Mahindra | 3129.15 |
| Hyundai Motor India | 1983.00 |
| Mercury Ev-Tech | 35.58 |
| View more.. | |
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