India: Tata Motors offers early bond conversion

In a move aimed at “further optimising the capital structure of the company,” Tata Motors has issued an invitation to certain bondholders to convert their notes into equity about a year earlier than the existing March 2011 and April 2011 conversion dates. Tata asserts that, “conversion by the noteholders will … It’s time to log …

In a move aimed at “further optimising the capital structure of the company,” Tata Motors has issued an invitation to certain bondholders to convert their notes into equity about a year earlier than the existing March 2011 and April 2011 conversion dates. Tata asserts that, “conversion by the noteholders will …

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