NEW DELHI: State-run power giant NTPC Wednesday said it has raised $450 million (about ₹3,105 crore) through five-year bond offering in the international market under its $ 6 billion (about ₹41,400 crore) medium term notes (MTN) programme.
NTPC had opened the issue of $ 450 million five-year bond offering in the international market on Tuesday, the company said in a statement.
In terms of geographical distribution, Asia took the bulk of the subscription at 90 % (of the $ 450 million MTN), with supplemental demand of 10 % from Europe, Middle East & Africa and offshore US accounts, the statement said.
