Tata Power plans ₹2,000 crore bond issue
pre-market1 source ↓written by the desknot a recommendation
- through a bond
- ₹2,000 crore
- for three years
- 7.05%
- for five years
- 7.25%
Tata Power Co is set to raise ₹2,000 crore through a bond sale, launching on Thursday. The funds will be used for refinancing debt, investing in renewable energy, and general corporate purposes. The issue includes two securities of ₹1,000 crore each, with expected yields of 7.05% for three years and 7.25% for five years.
Not investment advice. For informational purposes only.