S&P rates Tata Cap's proposed dlr-denominated senior unsecured notes 'BBB'
This story was originally published at 18:59 IST on 15 July 2026
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--S&P rates Tata Cap proposed dlr-denominated senior unsecured notes as BBB
MUMBAI – S&P Global Ratings Wednesday assigned a 'BBB' rating foreign currency long-term issue rating to the US dollar-denominated senior unsecured notes that Tata Capital Ltd. proposes to issue, the ratings company said in an exchange filing.
The issuance is a drawdown from Tata Capital's $2 billion medium-term notes programme, which the comapany rated 'BBB', the filing said.
Wednesday, shares of the company ended at INR 357.60 apiece, up 0.5% on the National Stock Exchange. For the March quarter, Tata Capital reported a net profit of INR 11.83 billion on revenue of INR 61.10 billion. End
Reported by Meera Nair
Edited by Avishek Dutta
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