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SP Group bets on Tata Sons exit to trim debt costs
Mint Bangalore
|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.
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