Tata Sons Plans $1 Bn Fundraising For European Operations

Tata Sons is planning to raise USD 1 Billion for its European operations, as reported by The Economic Times. The conglomerate may raise the money through a Revolving Credit Facility (RCF), often known as ‘Revolver Lines’. Tata Sons has begun talks with global banks including Citi, ANZ, HSBC, Mitsubishi UFJ Financial Group and Standard Chartered.  The…