{"id":266758,"date":"2019-03-28T05:04:28","date_gmt":"2019-03-28T05:04:28","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=266758"},"modified":"2019-03-28T05:15:36","modified_gmt":"2019-03-28T05:15:36","slug":"ntpc-raises-450-mn-from-foreign-market-to-finance-ongoing-new-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ntpc-raises-450-mn-from-foreign-market-to-finance-ongoing-new-projects\/","title":{"rendered":"NTPC raises $450 mn from foreign market to finance ongoing, new projects"},"content":{"rendered":"<p>State-run power giant NTPC Wednesday said it has raised $ 450 million (about Rs 3,105 crore) through five-year bond offering in the international market under its $ 6 billion (about Rs 41,400 crore) medium term notes (MTN) programme. <\/p>\n<p>NTPC had opened the issue of $ 450 million five-year bond offering in the international market on Tuesday, the company said in a statement. <\/p>\n<p>In terms of geographical distribution, Asia took the bulk of the subscription at 90 per cent (of the $ 450 million MTN), with supplemental demand of 10 per cent from Europe, Middle East &amp; Africa and offshore US accounts, the statement said. <\/p>\n<p>The distribution of investors was well diversified as fund managers took 69 per cent of the subscription of the MTN issue, followed by banks with 22 per cent, insurance\/pension with 8 per cent and PB (private banks)\/others (wealth manager) with 1 per cent, it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-run power giant NTPC Wednesday said it has raised $ 450 million (about Rs 3,105 crore) through five-year bond offering in the international market under its $ 6 billion (about Rs 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 per cent (of the $ 450 million MTN), with supplemental demand of 10 per cent from Europe, Middle East &amp; Africa and offshore US [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-266758","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/266758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=266758"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/266758\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=266758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=266758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=266758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}