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INDIA'S NTPC KICKS OFF ROADSHOWS FOR US$200 MLN EURO BOND.
(From Asia Pulse)
NEW DELHI, Feb 25 Asia Pulse - State owned National Thermal Power Corporation will launch roadshows for raising US US$200 million Euro Bond from February 26 in Singapore followed by Hongkong and London.
The coupon rate for the bond issue would be decided on March 2, sources associated with the issue told PTI, adding that the issue would close on March 9.
NTPC's present Euro Bond issue is part of its requirement to borrow Rs 500 billion in the next 8 years for its investment plans.
The corporation would mop up about Rs 9 billion (US$200 million) from the bonds to be floated outside America.
NTPC has appointed …
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