SP Group Dollar Bonds Hit Record High on Tata Sons Listing Bet

Shapoorji Pallonji Group’s dollar bonds rose to a record this week as investors bet a potential listing of Tata Sons Pvt. may help the Indian construction giant unlock value from...

By Saikat Das and Divya Patil · Bloomberg Markets

Shapoorji Pallonji Group’s dollar bonds rose to a record this week as investors bet a potential listing of Tata Sons Pvt. may help the Indian construction giant unlock value from its stake in the holding company and repay costly debt.