SP Group bonds offered at premium on Tata Sons stake-sale plan, bankers say
Shapoorji Pallonji Group's Eqyizen Investment raised ₹213.50 billion through three-year zero-coupon bonds at an 18.95% yield in July. Currently, these bonds are offered at a yield of 18.70%-18.75%, driven by the group's plan to sell part of its stake in Tata Sons. This stake sale is expected to attract more investor interest in the coming weeks.