Tata Sons plans to raise at least 3 bn rupees via bonds: Source

The firm will issue 5-year bonds at 9.76 percent and 10-year bonds at 9.71 percent, the source said.

PTI| Last Updated: Dec 06, 2013, 19:25 PM IST

Mumbai: Tata Sons, the holding company of the Tata Group, plans to raise at least 3 billion rupees via two separate bond deals, a source with direct knowledge of the matter said on Friday.

The firm will issue 5-year bonds at 9.76 percent and 10-year bonds at 9.71 percent, the source said.

ICICI Securities Primary Dealership is the arranger to the deal.