Business Recorder - World - Asia https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Thu, 13 Aug 2026 16:23:10 +0500 Thu, 13 Aug 2026 16:23:10 +0500 60 Tata Steel to sell $332m perpetual bonds https://www.brecorder.com/news/7299/tata-steel-to-sell-332m-perpetual-bonds <p class="MsoPlainText"><img style="margin-right: 10px; margin-bottom: 10px; float: left;" alt=" " src="https://i.brecorder.com/images/stories/pics2011/tata-steel.jpg" width="400" height="300" />MUMBAI: India's Tata Steel, the world's seventh-largest steelmaker, has decided to sell 15 billion rupees ($332 million) of perpetual bonds, a source with direct knowledge of the deal told Reuters on Wednesday.</p> <p class="MsoPlainText">The Tier-I bonds carry a coupon of 11.8 percent payable semi annually.</p> <p class="MsoPlainText"><Center /><b><i>Copyright Reuters, 2011</b></i><br /></center></p> MUMBAI: India's Tata Steel, the world's seventh-largest steelmaker, has decided to sell 15 billion rupees ($332 million) of perpetual bonds, a source with direct knowledge of the deal told Reuters on Wednesday.

The Tier-I bonds carry a coupon of 11.8 percent payable semi annually.

Copyright Reuters, 2011

]]> World https://www.brecorder.com/news/7299 Wed, 16 Mar 2011 15:41:22 +0500 none@none.com (Imad Uddin)