Business Standard

Sunday, December 22, 2024 | 11:36 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Samvardhana Motherson International to issue corporate guarantee on behalf of step-down subsidiary

Image

SMRC Automotive Holdings Netherlands B.V., a company incorporated under the laws of Netherlands and a step down subsidiary of Samvardhana Motherson International is proposing an issue of US $ denominated senior, secured, guaranteed notes under Rule 144A of the U.S. Securities Act 1933. The Company is proposing to provide an unconditional and irrevocable corporate guarantee on behalf of the Issuer for guaranteeing the Notes.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 26 2024 | 9:05 AM IST

Explore News