TCS Finance Designated Activity Company, founded in Dublin, Ireland, serves as a financing vehicle for its parent company, Tata Consultancy Services Ltd., which is headquartered in Mumbai, India. The company primarily focuses on providing structured finance solutions and raising capital through bond issuances to support its parent’s operations and growth initiatives.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AKBHC 11.00% Perpetual USDTCS Finance Designated Activity Company | Ireland | Perpetual | 11.002 | 27.69 |
| AKBHC ZC Perpetual USDTCS Finance Designated Activity Company | Ireland | Perpetual | — | — |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, TCS Finance has established a strong track record in the bond market, commencing its bond issuances in 2015. The company has successfully launched several significant tranches, including a €500 million bond in 2020 that featured a 1.75% coupon, which has outperformed many industry benchmarks. As of October 2023, TCS Finance’s bond yields remain competitive, attracting institutional and retail investors alike, bolstered by strong credit ratings and a commitment to financial stability.