Fate of Tata Motors’ $250m loan unknown in light of bond success

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Fate of Tata Motors’ $250m loan unknown in light of bond success

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Tata Motors, which mandated DBS, Standard Chartered and State Bank of India for a $250m seven year new money deal, may opt not to do the loan at all, following the success of a $750m dual tranche bond it priced in October.

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