NTPC Limited Raises INR 40,000 Million Through Private Placement of Secured Non-Convertible Bonds
January 11, 2019 at 05:39 am
NTPC Limited has decided to raise INR 40,000 million through private placement of secured non-convertible bonds in the nature of debentures at a coupon of 8.30% pa. with a door to door of 10 years on January 15. 2019. The proceeds will be utilized to finance capital expenditure /refinancing the debt requirement in on-going projects and other general corporate requirements.