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Tata Steel Likely to Tap Bond Market After Near 1-Yr Hiatus

Hindustan Times Pune

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February 14, 2025

Tata Steel is set to tap the corporate bond market after a gap of nearly one year, two sources familiar with the matter said on Thursday.

- Reuters

MUMBAI:

"The company is already in talks with merchant bankers and investors, and is offering a variety of tenors, and would finalise one or two of those, based on levels that they get," one of the sources said.

Tata Steel is likely to raise around ₹3,000 crore ($345.6 million) through this bond issue and will likely complete the issue before the end of this month.

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