Tata Capital successfully raised $400 million by selling dollar bonds abroad. Asian and European asset managers dominated demand for these instruments. The bonds mature in 42 months and were priced tightly. This marks Tata Capital's second overseas dollar bond sale. Fitch Ratings affirmed the company's ratings at 'BBB-' in February.

Tata Capital plans to raise $400-$600 million through dollar bonds, with pricing expected by the end of the week.

Tata Capital successfully raised $400 million by selling dollar bonds abroad. Asian and European asset managers dominated demand for these instruments. The bonds mature in 42…