Tata Motors' subsidiary issues US$300 million Senior Fixed Rate notes

Due 2021

Tata Motors announced that TML Holdings (issuer), a wholly owned subsidiary of the Company has on 07 May 2014 issued and allotted USD 300 million in principal amount of 5.75% senior fixed rate notes due 2021 (notes). The net proceeds from the notes will be used to repurchase certain equity shares issue to Tata Motors and for general corporate purposes.

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