India’s Samvardhana Motherson to offer €300 million seven-year bonds

By Colin Hanner

Chicago, June 22 – Samvardhana Motherson Automotive Systems Group BV is expected to offer €300 million of seven-year senior secured bonds (expected: /BB+/BBB-) following an investor roadshow, according to a company announcement.

The roadshow will begin on June 26.

Samvardhana Motherson will offer the notes under Rule 144A and Regulations S.

Samvardhana Motherson Automotive Systems is a financing subsidiary of Noida, India-based auto parts maker Samvardhana Motherson Group.

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