Jaguar Land Rover seeks to raise funds in move to issue US dollar denominated notes
Luxury motor manufacturer, Jaguar Land Rover (JLR), is seeking to raise new funds.
It has mandated a syndicate of banks to arrange, on its behalf, a series of virtual fixed income investor meetings to offer US dollar-denominated senior notes.
The issue will be in up to two series, a three-year and, or, a five-year tenor, respectively, subject to market conditions.
JLR has not revealed the value of the issue but said it will use the net proceeds from the issue and sale of the notes for general corporate purposes, including ref... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
