Tata Capital plans to raise $750m in first overseas fundraising via offshore bonds in next fiscal year.

Tata Capital, an Indian Finance company, plans to raise around $750 million in its first overseas fundraising via offshore bonds or loans in the next fiscal year starting April. The company aims to diversify its liability base and may evaluate dollar bonds due to high interest from overseas investors. This follows a 14-year low in fundraising via dollar-denominated bonds by Indian corporates in 2023.

February 28, 2024
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