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Global Business / The Economic Times

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Tata Trusts exit talks boost SP Groups high-yield bonds bid

Shapoorji Pallonji Group is seeking a favorable exit from Tata Sons. This move could significantly reduce its borrowing costs. The group is planning to raise substantial funds through high-yield bonds. Bankers are pitching investors with a lower coupon rate, anticipating positive developments. The ascent of Noel Tata to lead Tata Trusts offers potential clarity on Shapoorji Pallonji's long-delayed stake monetization.

27 Nov 2025 12:29 pm