Tata Capital plans second dollar debt sale, to finalise pricing this week, bankers say
MUMBAI, July 6 (Reuters) – Tata Capital plans to raise funds through the sale of U.S. dollar-denominated bonds maturing in three-and-a-half years, two merchant bankers aware of the matter said on Monday. The non-banking financial company may look to raise anywhere between $300 million to $500 million through this issue, the pricing for which will be finalised before the end of this week, the bankers added. The notes would be rated BBB by S&P, in line with the issuer’s rating. The bankers requested anonymity as they are not authorised to speak to media. The company did not reply to a