Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$75.00
Provider: BuySellSignals Research
$5.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Tata Power Company Ltd Launches And Successfully Completes Debenture Issue Of INR1,500 Crores (INR15 Billion)


Friday, 17 Aug 2012 09:28am EDT 

Tata Power Company Ltd announced that the Company has launched and successfully completed an offering of 60 years debentures of INR1500 crores (INR15 billion). The lead arranger for the issuance is Yes Bank Limited. These debentures have a maturity of 60 years and there is a call option with the Company which can be exercised at the end of 10 years and at the end of every year thereafter. The Coupon (which may be deferred at the Company's option) on the Debentures Is set at 10.75% p.a., with a step 'up provision if the Debentures aren't called after 10 years. 

Company Quote

99.7
-1.45 -1.43%
4:51am EDT