Tata Motors soothes loan refi angst with record bond

Debt-burdened carmaker Tata Motors set a new record in India’s corporate bond market on Wednesday with a Rp42bn ($840m) debut that eases its refinancing worries and shows a renewed interest in India’s domestic capital markets.

  • 21 May 2009

Tata Motors clinched the title for the biggest domestic issue from a private sector company as part of its efforts to refinance a $3bn bridge loan that funded the acquisition of Jaguar Land Rover last year.

Lenders can now breathe a sigh of relief after the success of ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 15.35
2 Rabobank 14.41
3 Morgan Stanley 11.73
4 Barclays 8.99
5 Credit Agricole 7.57

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%