India New Issue-NTPC Green to issue 10-year bonds, bankers say

NTPC Green Energy

03/11/2025 09:25

MUMBAI, Nov 3 (Reuters) - India's NTPC green plans to raise up to 15 billion rupees ($168.9 million), including a greenshoe option of 10 billion rupees, through the sale of bonds maturing in 10 years, three bankers said on Monday.

It has invited coupon and commitment bids for the issue on Friday, they said.

The company did not respond to a Reuters email seeking comment.

 Here is the list of deals reported so far on November 3:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
NTPC Green Energy
10 years
To be decided
5+20
November 4
AAA (Crisil)
Aditya Birla Capital September 2028 reissue
2 years, 10 months and 12 days
7.31 (yield)
1+4
November 4
AAA (Crisil)
Aditya Birla Capital July 2035 Reissue
9 years, 8 months and 17 days
7.58(yield)
1.5+1.5
November 4
AAA (Crisil)
NIIF Infrastructure Finance
5 years and three months
To be decided
4.5+3.5
November 4
AAA(Icra)

*Size includes base plus greenshoe for some issues

($1 = 88.79 Indian rupees)

 (Reporting by Dharamraj Dhutia, Khushi Malhotra; Editing by Sumana Nandy)

 ((Dharamraj.dhutia@tr.com, Khushi.malhotra@tr.com))