{"id":481599,"date":"2022-04-02T10:30:43","date_gmt":"2022-04-02T05:00:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=481599"},"modified":"2022-04-02T10:59:28","modified_gmt":"2022-04-02T05:29:28","slug":"uppcl-raises-rs-3951-crore-through-bonds","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/uppcl-raises-rs-3951-crore-through-bonds\/","title":{"rendered":"UPPCL raises Rs 3,951 crore through bonds"},"content":{"rendered":"<p>Uttar Pradesh Power Corporation Limited (UPPCL) has raised Rs 3,951 crore through bonds maturing in 10 years at an interest rate of 9.7 per cent.<\/p>\n<p>Official sources said the bonds, which were listed on Wednesday, saw a strong response from a diverse class of investors, including banks, mutual funds, non-banking financial companies (NBFCs), insurance companies and infra finance companies.<\/p>\n<p>As many as 22 entities have invested in the bonds, including Credit Suisse, Barclays, Nippon, Aseem Infra, Star Health, Tipsons, Trust group, AK Capital, etc,\u201d an official disclosed.<\/p>\n<p>The Uttar Pradesh government has provided unconditional and irrevocable guarantee for all payment obligations of these bonds, which offer a coupon rate of 9.7 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uttar Pradesh Power Corporation Limited (UPPCL) has raised Rs 3,951 crore through bonds maturing in 10 years at an interest rate of 9.7 per cent. Official sources said the bonds, which were listed on Wednesday, saw a strong response from a diverse class of investors, including banks, mutual funds, non-banking financial companies (NBFCs), insurance companies and infra finance companies. As many as 22 entities have invested in the bonds, including Credit Suisse, Barclays, Nippon, Aseem Infra, Star Health, Tipsons, Trust group, AK Capital, etc,\u201d an official disclosed. The Uttar Pradesh government has provided unconditional and irrevocable guarantee for all payment [&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":[130,244,144],"tags":[],"class_list":["post-481599","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/481599","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=481599"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/481599\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=481599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=481599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=481599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}