Tata Capital eyes $300 million overseas bond issue

Tata Capital is marketing its second dollar bond issue to raise funds. The non-banking finance company seeks to raise at least $300 million from investors. This transaction is expected to be a Regulation S offering open to global investors. Bankers Standard Chartered, HSBC, and MUFG are managing this debt issuance. The company plans to use these funds for its on-lending activities.