Don’t miss the latest developments in business and finance.

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.

Also Read

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

Next Story