RPT-Tata Motors completes refinancing of $3 bln bridge loan

Newswire

(Repeats story issued late on Wednesday) DETROIT, May 27 (Reuters) - India's Tata Motors Ltd said on Wednesday it has completed refinancing of its $3 billion bridge loan taken to purchase luxury car brands Jaguar and Land Rover from Ford Motor Co in 2008. Tata, which had already repaid $1.16 billion last year and raised $840 million through nonconvertible debentures last week, said it has extended the final maturity of the remaining $1 billion by 18 months up to the end of 2010. "This ...

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