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SP Group bets on Tata Sons exit to trim debt costs
Mint Chennai
|November 27, 2025
stake or bringing in some other investor.
-
Tata Trusts is opposed to the SP Group's IPO demand.
(REUTER)
In such a case, the pricing could be 15.75-16%, and the tenure of the bond issue could also be reduced to 18-24 months; however, if there are no developments signalling an exit for SP Group in the next few months, the pricing will be 19.75%, the person added.
‘A Deutsche Bank spokesperson declined to comment. Emails sent to the Shapoorji Pallonji Group, Tata Sons and Tata Trusts remained unanswered.
This story is from the November 27, 2025 edition of Mint Chennai.
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