NTPC raises 500 mn Euros through overseas bonds

now viewing

NTPC raises 500 mn Euros through overseas bonds

January 27, 2017 Anand Gupta

China-Briefing-Investing-in-Chinas-Green-Industries

now playing

Clean Energy Tech Firm Ecozen Raises $30 Million for Global Expansion - EQ

January 27, 2017 Anand Gupta

now playing

Uttar Pradesh govt looks to utilise water bodies for floating solar farms -EQ

January 27, 2017 Anand Gupta

now playing

Renewable energy can truly change the landscape: IRENA - EQ

January 27, 2017 Anand Gupta

now playing

Southern Railways invites bids for 1.2 MW rooftop solar projects -EQ

January 27, 2017 Anand Gupta

now playing

Jindal Stainless commits to science-based targets for achieving net zero -EQ

January 27, 2017 Anand Gupta

NTPC ranked as the top Independent Power Producers and Energy Traders Globally by S&P Platts

now playing

NGEL and ITL join alliance for green energy advancement - EQ

January 27, 2017 Anand Gupta

now playing

Inox Wind secures 210 MW wind power project from Hero Future - EQ

January 27, 2017 Anand Gupta

now playing

Amara Raja Infra Wins Greenko’s 700MWp Solar Project -EQ

January 27, 2017 Anand Gupta

now playing

PSU stock in focus after forming a JV with Assam Govt to generate renewable energy - EQ

January 27, 2017 Anand Gupta

Petition of BERC (RPO, its Compliance and REC Framework) Regulations, 2010

now playing

Petition for "Formulation of Regulations and Determination of Tariff for Green Energy Open Access Consumers" - EQ

January 27, 2017 Anand Gupta

NTPC successfully issued its first Euro denominated bond worth EUR 500 million on 25.1.2017. The 10 year bond has been issued at a coupon of 2.75% with a yield of 2.814%. The issue saw a price compression of 25 bps from the Initial Price Guidance level of 225 bps area over Mid Swap level. This is the first ever 10 year Euro denominated bond issuance by an Asian utility issuer and also first ever 10 year EUR transaction by an Indian Issuer. The bonds will be listed at Frankfurt & Singapore stock exchanges. The issue was oversubscribed around 4.5 times and saw participation from more than 125 accounts across the globe.