Tatas gun for $1-billion ‘revolver lines’ to fund European operations - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Tatas gun for $1-billion ‘revolver lines’ to fund European operations

The aim is to raise five-year money at Libor plus 250-275 bps through the UK arm — Tata International UK — with a guarantee from Tata Sons, the persons added. A final decision is expected this week.

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