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.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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