10 year Notes carry a coupon of 4.375% p.a. payable semi-annually
NTPC announced that the Issuer has launched a issue of USD 500,000,000 Fixed Rate Unsecured Notes due 2024 which were priced on 19 November 2014. The Notes carry a coupon of 4.375% p.a. payable semi-annually and are of 10 years tenor. The Notes are expected to be settled by 26 November 2014.The Notes represent unsecured obligations of the Issuer and will rank pari passu with all its other existing and future unsubordinated obligations. The Notes will be listed on the Singapore Stock Exchange. The proceeds will be used for capital expenditure purposes in accordance with the RBI guidelines and regulations.
Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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