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Moneycontrol.com >> Messageboard >> Stocks >> Tata Power >> BSE Announcements on Tata Power
   You are here :     Moneycontrol     MMB    Stocks      Tata Power                         Most active discussions of 2006 , 2007 & 2008
BSE Announcements on Tata Power (1)   06-Nov-09 13:41Track this thread   Tracked by (0)  
Posted by:   MMB Messenger on ( 06-Nov-09 13:41 )
Price : [Tata Power - BSE:Rs. 1294.20 NSE:Rs. 708.60 when posted]
Tata Power Company Ltd has informed BSE that the Company on November 06, 2009 has launched and priced a US$250 Million + upsize option of US$50 Million, 5 years and 1 day, 1% - 1.75% coupon Foreign Currency Convertible Bond (Bonds) offering, subject to fulfilment of certain conditions to the closing of the Issue. The Bonds are convertible at 10% premium over the closing price of the Companys shares on National Stock Exchange of India Ltd. on November 05, 2009 listed and bear a yield to maturity of 3.5% p.a. calculated on a semi-annual basis. These Bonds are expected to be listed on the Singapore Stock Exchange.

Nomura is the Sole Underwriter and Book runner to the offering.
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