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Tuesday, Apr 20, 2004
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 Corporate - Corporate Bonds


Tata Motors' FCCB issue

Our Bureau

MUMBAI: Tata Motors Ltd has informed the BSE that the company has decided to make an issue of foreign currency convertible bonds aggregating $400 million in the international market in one or more tranches. The bonds will have a tenor of 5 years to 7 years and is convertible into GDSs or shares at a premium over the current market price.

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