Tata Motors Offers Depositors 11% to Help Fund Jaguar Purchase (Bloomberg)

June 27th, 2009 | by DebtFree.net |

Dec. 1 (Bloomberg) — Tata Motors Ltd. , the maker of Jaguar and Land Rover vehicles, will borrow from the public for the first time in 13 years as the credit crunch limits its ability to refinance loans used to acquire the luxury brands in June.
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