NTPC Plans to Raise USD543.9 Million in Public Offering of Bonds

Published: May 13 2017
Deal Summary

NTPC Limited, a power generation and distribution company, intends to issue bonds for gross proceeds of INR35,000 million (USD543.9 million) in public offering.

The company offering will be issued in the international markets with dollar or euro denomination after September 2017. The company intends to use the proceeds to finance its ongoing projects.

Earlier on April 19, 2017, NTPC intended to issue bonds for gross proceeds of USD6,000 million in public offering. The board of directors of the company has approved the upsizing of the issue from USD4,000 million to USD6,000 million.

You can receive free Monthly detailed “Deals Analysis Alerts” delivered directly to your
inbox – sign up below:

* Indicates Mandatory
*Name:  
*Company:  
*Email:    
*Country:  
*Phone Number:          
Comments:
  captcha refresh
Enter Captcha Code:    

Send to friend

*Your EmailID:    
Message:
*Friend's EmailID:    
  captcha refresh
Enter Captcha Code: