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India's Tata Sons to raise funds via 10-yr bond at 9.30 pct, 5-year at 9.25 pct - sources
June 13, 2014 / 7:57 AM / in 3 years

India's Tata Sons to raise funds via 10-yr bond at 9.30 pct, 5-year at 9.25 pct - sources

MUMBAI, June 13 (Reuters) - India’s Tata Sons is looking to raise funds via 10-year bond at 9.30 percent and five-year at 9.25 percent, according to three sources directly associated with the deal.

IDFC is the sole arranger. The book on both the tranches is about 8 billion rupees ($134.4 million), two of the sources said. ($1 = 59.5300 Indian Rupees) (Reporting by Abhishek Vishnoi and Manju Dalal; Editing by Anand Basu)

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