NTPC LTD. - Issue of U.S.$ 500,000,000 4.375% Notes due 2024 (Notes) by NTPC Limited (the "Issuer")

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20 Nov 2014
NTPC Ltd has informed BSE that the Issuer has launched a issue of USD 500,000,000 Fixed Rate Unsecured Notes due 2024 which were priced on November 19, 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 November 26, 2014.<br/><br/>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.
View all announcements for NTPC LTD.	Source: BSE India

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