Chicago, July 15 – NTPC Ltd. notified the Bombay Stock Exchange that it sold Rs. 43 billion of 7.32% 10-year secured non-convertible bonds through a private placement.
Proceeds will be used to finance capital expenditures, refinance the debt requirement in ongoing projects and for other general corporate requirements.
The notes will be listed on the National Stock Exchange of India and the Bombay Stock Exchange.
NTPC is a New Delhi-based power company, an enterprise of the government of India.
| Issuer: | NTPC Ltd.
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| Issue: | Notes
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| Amount: | Rs. 43 billion
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| Maturity: | July 17, 2029
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| Coupon: | 7.32%
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| Pricing date: | July 15
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| Settlement date: | July 17
|
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