Home / Companies / News / NTPC to raise Rs 4,374.10 crore via bonds to fund capex, refinance loans

NTPC to raise Rs 4,374.10 crore via bonds to fund capex, refinance loans

The proceeds will be utilised for funding of capital expenditure, refinancing of existing loans and other general corporate purposes, the company said in a regulatory filing

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The bonds are proposed to be listed on both National Stock Exchange and BSE

1 min read Last Updated : Apr 13 2020 | 6:45 PM IST

State-run power giant NTPC on Monday said it will raise Rs 4,374.10 crore on Thursday by issuing unsecured non-convertible bonds on private placement basis.

The proceeds will be utilised for funding of capital expenditure, refinancing of existing loans and other general corporate purposes, the company said in a regulatory filing.

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The bonds are proposed to be listed on both National Stock Exchange and BSE. Bond Trust Deed for these bonds will be duly executed as per the requirements of and within the period of

Topics : NTPC fund raising Capex loan refinancing National Stock Exchange of India NSE BSE Sensex

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