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NTPC Ltd announces tax-free bond issue - Business Standard


Wednesday, 27 Nov 2013 03:24am EST 

NTPC Ltd:Says its bond issue to raise up to INR17.50 billion will open on Dec. 3 and is scheduled to close on December 16 - Business Standard.Says under the offer, the company will issue tax-free secured redeemable non convertible bonds.Says the funds raised would be utilized towards funding of capital expenditure and refinancing for meeting the debt requirement in on-going projects.Says the lead managers to the issue are ICICI Securities, A K Capital Services, Axis Capital, SBI Capital Markets and Kotak Mahindra Capital Company. 

Company Quote

136.45
-0.1 -0.07%
5:59am EDT