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Tata Motors Ltd's Jaguar Land Rover Automotive plc Announces Pricing Of $500 Million Senior Notes Offering

Monday, 28 Jan 2013 09:46pm EST 

Jaguar Land Rover Automotive plc (the Issuer), the parent company of the Jaguar Land Rover group of companies and a subsidiary of Tata Motors Limited announced the pricing of $500 million Senior Notes due 2023 at a coupon of 5.625% per annum (the Notes). The Notes will be guaranteed (the Guarantees) on a senior unsecured basis by Jaguar Land Rover Limited, Land Rover, Jaguar Land Rover North America LLC, Land Rover Exports Limited and Jaguar Land Rover Exports Limited (the Guarantors). The net proceeds from the issuance and sale of the Notes will be used for general corporate purposes, including to support Jaguar Land Rover’s on-going growth and capital spending plans. 

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1 Oct 2014