Tata Capital eyes $300 million overseas bond issue

Tata Capital is set to raise at least $300 million via a Regulation S dollar bond issue with a three-and-a-half year tenure, its second overseas bond issuance after raising $400 million in January 2025. Standard Chartered, HSBC and MUFG are the bankers to the issue, and proceeds will be deployed for on-lending activities. Fitch has affirmed Tata Capital's rating at BBB-, in line with India's sovereign rating, citing expected extraordinary support from parent Tata Sons.