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Tatas likely to raise up to Rs 15,000 crore in loans to support Air India purchase

India Opportunities  /   Nov 05, 2021

The Tata Group may raise up to Rs 15,000 crore through a syndicated loan to support its acquisition of Air India. The loan may be raised with a three-year maturity offering about 7 per cent. State Bank of India is expected to be the lead banker in the proposed syndication.

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    Tata Group Air India State Bank Of India

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