Adani Transmission raises Rs 330 crore through bonds

Adani Transmission today said it has raised Rs 330 crore through issuance of bonds on private placement basis.
"The company has allotted 3,300 Rated, Listed, Taxable, Secured, Redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs, 10,00,000 each in 2 Tranches on May 12, 2016, on private placement basis," Adani Transmission informed BSE today.
The first tranche is of 1,650 zero coupon rated, listed, taxable, secured, redeemable, Non-Convertible Debentures while the second tranche is of 1,650, 9.35 per cent rated, listed, taxable, secured, redeemable, non-convertible debentures.
The said NCDs will be listed on the Wholesale Debt Market segment of BSE Ltd.