Tata Motors Passenger Vehicles Ltd.

Tata Motors is reportedly planning to raise Rs 300 crore via 4-year 11-month bonds at 10%. Deutsche Bank is the sole arranger to the bond sale. Care rating agency has assigned AA+ rating to bonds.

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