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Tuesday, April 30, 2024

Tata Commmunications taking sustainable route for $1 billion fundraising goal

The funds which Tata Communications aims to raise under the framework - around $1 billion - would be used for refinancing existing loans as well as structuring fresh loans, the people said. Adherence to the SSL targets typically brings a pricing benefit, in the form of a lower rate of interest. Missing the targets results in a higher interest.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/47kq9Ar

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