Tata Capital allots USD 400 million senior notes at 5.332% due 2030

Fund Raising View source PDF Explain this filing

TATACAP · price

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Price reactionminutes from the announcement price · days from the prior close

-0.7%Reaction day

₹350.45

prior close

₹350.55

announcement price

After-mkt

timing

Nifty 100market-0.8%+0.1% vs market

Non Banking Financial Company (NBFC) peers, median of 213sector-0.3%-0.4% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty 100 and 0.4 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.2

10m

-0.3

15m

-0.5

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7-0.8+0.1-0.3-0.4

Next day

-2.7-1.3-1.4-0.6-2.2

-2.4-1.7-0.7-1.2-1.2

+0.2-0.7+0.8-0.5+0.7

+1.4-0.9+2.3-1.8+3.3

+2.6+0.2+2.4-0.8+3.4

+4.5+0.9+3.6-0.6+5.1

15d

+4.7+1.3+3.4-0.4+5.1

+3.8+0.4+3.4-1.3+5.2

-2.7-3.1+0.4-1.8-0.9

-12.1-6.4-5.7-5.1-7.0

UpDownMarket · Nifty 100Sector · Non Banking Financial Company (NBFC) peers, median of 213Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Tata Capital has allotted USD 400 million senior unsecured notes at a fixed coupon of 5.332 percent, maturing January 21, 2030 (3.5 year tenure). This is part of the company USD 2 billion medium term note programme, issued under Regulation S of the US Securities Act. Notes are rated BBB by S&P, unsecured, and to be listed on India INX in GIFT City. Proceeds will be used for onward lending and other activities under extant ECB regulations.

Likely market impact

Positive: diversifies funding via offshore bond market at competitive rate, supports lending growth. Modest leverage build-up but BBB rating affirms credit quality.