Refinance: Mistry family in talks to refinance Rs 18,000 cr of debt
The debt is held by the Mistry family under Sterling Investment Corp. Pvt Ltd (SICPL), which owns a 9.182% stake in Tata Sons. These bonds were issued in 2021 and had a tenor of three and a half years. The group has sounded out a few large funds and global banks, two sources said.
Source: indiatimes.com
