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Prospect News home > News index > List of issuers N > Headlines for NTPC Ltd. > News item
Published on 11/27/2013 in the Prospect News Emerging Markets Daily.

India's NTPC to price Rs. 10 billion redeemable non-convertible bonds

By Jennifer Chiou

New York, Nov. 27 - India's NTPC Ltd. informed the Bombay Stock Exchange that its proposed public issue of Rs. 10 billion of tax-free secured redeemable non-convertible bonds is to open on Dec. 3.

The company said that there will be an over-allotment option for up to Rs, 1.75 billion of additional bonds.

The offering period will end on Dec. 16.

NTPC is a state-owned electric utility company based in New Delhi.


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