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    Question

    NTPC is set to issue three-year bonds worth up

    to________ which  will have a base size of ₹500 crore and a green shoe option of ₹2,500 crore.
    A Rs.3000 crore Correct Answer Incorrect Answer
    B Rs.3200 crore Correct Answer Incorrect Answer
    C Rs.3500 crore Correct Answer Incorrect Answer
    D Rs.3700 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    State-owned power producer NTPC is set to issue three-year bonds worth up to ₹3,000 crore. The issue will have a base size of ₹500 crore and a green shoe option of ₹2,500 crore. The funds are likely to be used for capital expenditure and refinancing of loans.

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