Tata Steel $1.3 billion 4.45% and 5.45% notes issues

19/1/2018
High-yield bond/note issue

$ 1.3 billion

Completed

19/1/2018


Overview:

  • Tata Steel has issued $1.3 billion in unsecured notes issues through subsidiary Abja Investment.
  • The issue consisted of $300 million 4.45% notes due July 24 2023 and 5.45% notes notes due on January 24 2028.
  • The notes are listed in Singapore.

Sam Duke

Jurisdictions:

India
Singapore

Deal type:

High-yield bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Industrials and manufacturing


Firm:

Party: ABJA Investment (Issuer)

Lawyer: Glenn David Foo