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Article: BRIEFING - ASIA AUTOMOTIVE - MAY 28, 2009.
- Article from:
- AsiaPulse News
- Article date:
- May 28, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on the automotive industry for May 28, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
TATA MOTORS COMPLETES REFINANCING OF JLR LOANS
NEW DELHI - Auto maker Tata Motors (BSE:500570) on Wednesday said it has completed refinancing of A US$3 billion bridge loan taken for the acquisition of British marquee brands Jaguar Land Rover.
The company has already paid US$2 billion of the total amount and has amended the bridge finance loan agreement, according to which the car maker has time till December 31, 2010 to pay the ...