Research & Analysis

Tata Capital 1

Tata Capital Financial Services Limited NCD Tranche II Issue to open on August 13, 2019~Interest rate of up to 8.85% per annum ~ For Option IV, 10 years ~ Annual option

·       Ratings – CRISIL AAA / Stable by CRISIL Limited (“CRISIL”) and CARE AAA; Stable by CARE Ratings Limited (“CARE Ratings”) ·       Tranche II Issue Size: Rs. 412,600 lakh (out of which Rs. 299,790 lakh Secured &…