State-owned power giant NTPC on Friday said it will raise Rs 2,500 crore through Non-Convertible bonds via private placement on January 27.
It will issue unsecured non-convertible bonds in the nature of debentures of Rs 2,500 crore on January 27, 2021.
Coupon Rate & Maturity
The company has fixed the coupon rate at 6.43% p.a. with a door to door maturity of 10 years on 27 January, 2031.
Fund Utilisation
The proceeds will be utilised for funding capital expenditure, refinancing of existing loans and other general corporate purposes, among others.
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