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Tata Sons plans to raise at least 3 billion rupees via bonds - source

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Reuters MUMBAI

MUMBAI (Reuters) - Tata Sons, the holding company of the Tata Group, plans to raise at least 3 billion rupees via two separate bond deals, a source with direct knowledge of the matter said on Friday.

The firm will issue 5-year bonds at 9.76 percent and 10-year bonds at 9.71 percent, the source said.

ICICI Securities Primary Dealership is the arranger to the deal.

(Reporting by Archana Narayanan; Editing by Anupama Dwivedi)

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First Published: Dec 06 2013 | 4:01 PM IST

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