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Jaguar Land Rover aims to secure $500 million offshore loan, Bloomberg reports

Published 28/01/2025, 12:28
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Investing.com -- Jaguar Land Rover Automotive, the British subsidiary of Tata Motors Ltd (NSE:TAMO), is planning to raise $500 million via an offshore loan, Bloomberg reported on Tuesday.

The funds raised are intended to partially refinance an existing loan of $800 million that will mature in January, the report said.

The report cited a company statement saying that it is currently in discussions with a consortium of banks, with which it already has established relationships.

The potential financing could be set for a four-year term, the report said, citing people familiar with the matter.

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