India New Issue-Tata Capital to issue dual-tranche bonds, invites bids

Tata Capital

06/07/2026 04:07

MUMBAI, July 6 (Reuters) - India's Tata Capital TATC.NS plans to raise 37.50 billion rupees ($393.87 million), including a greenshoe option of 12.50 billion rupees, through the reissue of June 2027 bonds and a fresh five-year bond issue, three bankers said on Monday.
The non-banking finance company will offer a yield of 7.78% on the reissue and a coupon of 7.88% on the fresh issue, and has invited commitment bids later in the day, they said.
Tata Capital did not immediately reply to a Reuters email seeking comment. 

 
 Here is the list of deals reported so far on July 6: 
Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Tata Capital
Jun 2027 reissue 
2 years and 11 months
7.78 (yield)
7.50+2.50
July 6
AAA (Crisil, Icra
Tata Capital 
5 years
7.88
17.50+10
July 6
AAA (Crisil, Icra

*Size includes base plus greenshoe for some issues



($1 = 95.2100 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Eileen Soreng)
 ((Dharamraj.dhutia@tr.com))