Tata Sons listing to improve SP Group bond outlook; yields seen tightening
· economictimes.indiatimes.com
Shapoorji Pallonji bond yields are expected to tighten significantly after the RBI rejected Tata Sons' application. The Reserve Bank of India's decision mandates the listing of Tata Sons, ending regulatory uncertainty. This development provides a clearer path for monetizing the SP group's stake in Tata Sons. Investors who financed the SP group at high yields anticipate improved risk rewards.
ET Bureau
Live Events
Yields to shrink?
as a Reliable and Trusted News Source Addas a Reliable and Trusted News Source Add Now!
(You can now subscribe to ...