Tata Capital Limited (TATACAP) — Announcement(3 announcements)

Tata Capital Limited announced that S&P Global Ratings assigned a 'BBB' rating to its proposed USD-denominated senior unsecured notes issuance under the US$2 billion medium-term note programme, marking a key credit validation ahead of the planned drawdown.

Tata Capital Limited has priced a $400 million senior unsecured Reg S bond with a 3.5-year tenure at a fixed 5.332% coupon, maturing on 21 January 2030. The notes were issued at UST + 107 bps following strong investor demand, tightening pricing by 33 bps from initial guidance. Proceeds will fund onward lending under ECB regulations, with listing on India INX. This marks the company's first international bond issuance after its S&P BBB rating upgrade and equity listing, diversifying funding sources and strengthening its liability profile for long-term growth.

Tata Capital Limited announced the pricing of $400 million senior unsecured notes issued under its $2 billion medium-term note program, with a 3.5-year tenure, 5.332% fixed coupon, and maturity on January 21, 2030. The issuance follows a successful bookbuilding process that tightened pricing from UST + 140 bps to UST + 107 bps, reflecting strong investor demand and support for the company's funding diversification strategy.