Tata Steel bags $1.5bn from Indian HY feast
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Tata Steel bags $1.5bn from Indian HY feast


Tata Steel closed its first international bond on Thursday, July 24, as it looks to refinance loans from its 2008 acquisition of Corus. Despite pricing on a day when the Indian high yield sector saw $2.4bn of new issues, the trade nonetheless pulled in bids worth $9.1bn.

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