NTPC to raise Rs 3996 cr via private placement of NCDs

On 20 April 2021

NTPC has decided to issue unsecured non-convertible bonds in the nature of debentures of Rs.3,996 crore on 20 April 2021, through private placement at a coupon of 6.87% p.a. with a door to door maturity of 15 years 1 day on 21 April 2036. The proceeds will be utilized for, inter alia, funding of capital expenditure, refinancing of existing loans and other general corporate purposes. The bonds are proposed to be listed on NSE.

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