India’s Tata Motors mulls issue of Rs. 5 billion redeemable debentures

By Susanna Moon

Chicago, June 16 – Tata Motors Ltd. notified the Bombay Stock Exchange that it is considering the issue of up to Rs. 5 billion unsecured redeemable debentures.

The issue will be considered at a board meeting set for June 21, according to the notice.

The notes would be rated and listed, and the issue would constitute the eighth series.

Tata Motors is an automaker based in Mumbai.

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