Tata Motors proposes to raise ECB up to USD 250 mn

Tata Motors announced that the Company will proposing to raise external commercial borrowing up to U.S.$250,000,000 from Lenders up to a maximum of U.S.$500,000,000. All proceeds from the facility will be fully used towards refinancing a part of the principal amount of the Borrower's Notes as permitted under the ECB Master Directions.

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