Jaiprakash Power's $200 mn FCCB issue fully subscribed

Image
Press Trust of India Mumbai
Last Updated : Jan 21 2013 | 1:47 AM IST

Jaiprakash Power Ventures today said its $200 million (over Rs 925 crore) foreign currency convertible bonds issue, that closed last week, has been fully subscribed.

"The FCCB issue of 200 million dollars, having been fully subscribed, has been closed on February 12, (it) being the closing date," the power producer said in a filing to the Bombay Stock Exchange (BSE).

The issue, which opened on January 27, has a coupon rate of five per cent payable on semi-annual basis.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 15 2010 | 4:06 PM IST

Next Story