homebusiness NewsTata Power raises Rs 1,000 crore through bonds

Tata Power raises Rs 1,000 crore through bonds

Tata Power in n a regulatory filing said that it has allotted 10,000 unsecured, redeemable, taxable, listed, rated, Non-Convertible Debentures (NCDs) worth Rs 1,000 crore, on private placement basis.

By PTI Dec 29, 2022 11:43:21 PM IST (Published)

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Tata Power on Thursday said it has raised Rs 1,000 crore through the issuance of non-convertible debentures on a private placement basis.
In a regulatory filing, the company said it has allotted 10,000 unsecured, redeemable, taxable, listed, rated, Non-Convertible Debentures (NCDs) worth Rs 1,000 crore, on private placement basis.
The maturity of Series I NCDs worth Rs 500 crore is scheduled on January 8, 2030 while the Series II NCDs worth Rs 500 crore would mature on December 29, 2032, it added.