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Aditi Shah 2 minute read Tata Motors logos are seen at their flagship showroom before the announcement of their Q3 results in Mumbai February 14, 2013. REUTERS/Vivek Prakash/File Photo Indian automaker Tata Motors (TAMO.NS) has raised $425 million through unsecured offshore bonds at a rate of 4.35% to refinance existing debt and meet expenses, according to a term sheet of the deal seen by Reuters. In a statement to the stock exchange, the company confirmed the fund raising and said it will use 225 million pounds ($318 million) of the proceeds to refinance existing loans and the rest to meet corporate expenses. The bonds have a maturity date of June 2026, it said. ....
France will set up a new 3 billion euro ($3.67 billion) fund to support mid-sized and large companies as they emerge from the coronavirus crisis, French Finance Minister Bruno Le Maire said on Tuesday. ....
Italy's Inter Milan aims to roll over a 375 million-euro ($459 million) bond by year end, a source close to the matter said, after the Serie A champions secured fresh financing through a deal with investment firm Oaktree Capital Group (OAK pa.N). ....
Three-time member of Bodoland Territorial Council Bijit Goura Narzary quit Bodoland People’s Front and joined the saffron camp in the presence of stat ....
Sweden and Denmark said on Wednesday they had agreed to offer ailing airline SAS (SAS.ST), in which both countries own stakes, a 3 billion Swedish crown ($361 million) loan guarantee. ....