Tata Motors Ltd, India’s leading vehicles maker, has raised 42 billion rupees ($884 million) through an issue of non-convertible rupee debentures, the company said.

The funds will be used to partly repay a $3 billion bridge loan Tata Motors had raised last year to acquire marquee brands Jaguar and Land Rover, the company said late on Wednesday.

It had already repaid $1.11 billion of the loan and the remainder is due for repayment on June 2.

The debentures, issued in four tranches with maturities ranging from 23 to 83 months, carry a coupon rate of 2 percent and have been guaranteed by the State Bank of India, the company said.

The issue was book-built and the maturity yield for the 23-month tranche was fixed at 6.75 percent, for the 47-month tranche at 8.4 percent, for the 59-month tranche at 8.45 percent and 10 percent for the 83-month tranche.

State Bank had issued a master guarantee for 49 billion rupees.

Citigroup and Tata Capital were the lead arrangers for the issue

The Cuban Health Ministry has confirmed the fourth influenza A(H1N1) case in the island nation, Cuban news agency Prensa Latina reported on Thursday.

According to a report in the daily Granma on Wednesday, a 14-month-old Canadian child who arrived in Cuba from Toronto with his parents was diagnosed with the disease.

The child was recovering “satisfactorily” and “epidemiological surveillance measures” were applied to the child’s relatives and people who came in contact with him, the report said.

The Ministry said that three other people infected with influenza A(H1N1) in Cuba had been discharged from the hospital after treatment.

Hong Kong’s leading bank, HSBC Holdings, Thursday was offering interest rates so low that customers would need to save $250,000 for a year to earn enough interest to buy a cup of coffee.

A record low interest rate of 0.001 percent was being offered by HSBC, which has 4.2 million customers in the city of seven million, because of what it described as rock-bottom interbank rates.

The rate meant that a saver would need to deposit two million Hong Kong dollars ($258,000) for a year to get enough interest to buy a cup of coffee costing 20 Hong Kong dollars.

A saver with 100,000 Hong Kong dollars would have to keep the money in the bank for around 20 years to earn enough interest to buy the same cup of coffee under the new interest rate.

Former England Test cricketer Chris Lewis was Wednesday jailed for 13 years for smuggling more than 140,000 pounds worth of cocaine into Britain.

The fast bowler was caught at Gatwick airport December 2008, hiding the drug in liquid form in five tins of fruit and vegetable juice inside his cricket bag.

His co-accused, Chad Kirnon, found with three tins of dissolved cocaine in his luggage, was also sentenced to 13 years in prison at Croydon Crown Court.

The two men were returning from the Caribbean island of St. Lucia.

Lewis played 32 Tests and 53 ODIs for England between 1990 and 1998.

He also played county cricket for Leicestershire, Nottinghamshire and Surrey.