Biography of Tata Motors to financing 5.41 billion debt
Super cars news according to India's economic times (Economic Times) , India car to Tata financing 250 million rupees (about 5.42 million) for repayment of the debt to equity ratio improved Tata debt.
India's economic times cited Insider saying that Tata will be issuing global depository receipts and corporate bonds, as well as to institutional investors sell stocks channel financing.
Because Tata in 2008 to 23 billion from price Ford purchased hand Jaguar Land Rover (Jaguar Land Rover), Tata had to borrow money. 2009 fiscal year (April 1, 2009 to March 31, 2010), Tata net liabilities of $ 1880 billion rupees (about 40.8 million).
23 June, Tata Motors, Tata Board of Directors will convene meetings in the near future to discuss long-term capital financing channels.
(Super car network)