Tata Power Company to issue FCCBs

News Flash

LYONDELLBASELL IS ONE OF THE WORLD'S LARGEST PETROCHEMICALS COMPANY
LYONDELLBASELL UNDER CHAPTER 11 BANKRUPTCY PROTECTION SINCE JAN-2009
RIL MAKES NON-BINDING CASH OFFER TO BUY CONTROL IN LYONDELLBASELL
OFFER APART FROM EQUITY FINANCING PROPOSED BY RIL FOR LYONDELLBASELL
OFFER UPON EMERGENCE OF LB FROM CHAPTER-11
OFFER SUBJECT TO DUE DILIGENCE & SUFFICIENT CREDITOR SUPPORT
LYONDELLBASELL: RIL OFFER POTENTIAL ALTERNATIVE TO REORGANIZATION PLAN
LYONDELLBASELL: TO TRY TO MAXIMIZE VALUE FOR ALL CREDITORS
LYONDELLBASELL PRIVATELY OWNED BY PROCHEMIE GMBH
RIL: NO ASSURANCE THAT OPPORTUNITIES WILL RESULT IN A TRANSACTION
RIL: REVIEWING OTHER GROWTH OPPORTUNITIES FOR GROWTH IN CORE BIZ
SUBMITTED TO LYONDELLBASELL NON BIDDING OFFER TO ACQUIRE FOR CASH
CASH OFFER FOR A CONTROLLING STAKE UPON EMERGENCE FROM CHAPTER 11
OFFER PURSUANT TO ITS PLAN OF REORGANISATION
OFFER IS PRELIMINARY AND SUBJECT TO CUSTOMARY CONDITIONS
RIL REVIEWING OTHER GROWTH OPPORTUNITIES FOR GROWTH
Stock updates: SMS STO followed by scrip name to 56388
Finance buzz: Logon to mobile.ndtv.com on GPRS browsers
SMS INDEX to 56388 for live market updates
Stock moves on WAP: Logon to mobile.ndtv.com on GPRS browser
For Kingfisher Airlines flight updates sms KING to 56388
Email us at buyorsell@ndtv.com
Call us at 011-26201171
DELL LOST 10% ON FRIDAY AFTER MISSING REVENUES & EARNINGS TARGET FOR Q3
GOLDMAN SACHS DOWN 1.6%, GE DOWN 1.1%, CISCO DOWN 1%, MERCK UP 3.2%
DELL LOST 10% ON FRIDAY AFTER MISSING REVENUES & EARNINGS TARGET FOR Q2
DOW JONES FALLS FOR 3RD STRAIGHT DAY TO END LOWER BY 0.1% ON FRIDAY
NASDAQ DOWN 0.5%, S&P 500 INDEX LOWER BY 0.3% AT CLOSE ON FRIDAY
U.S MARKETS ENDED LOWER ON FRIDAY AS TECH STOCKS TOOK THE BIGGEST HIT
RELIANCE IND PLACES RS.115 CR ORDER WITH NORWAY'S AKER SOLUTIONS

Updated: 06/11/2009 | 12:00 AM IST

Power

Capital Market

Friday, November 06, 2009 (New Delhi)

Blog

Comments:

Read (0)

Post

Rate the story

Subject to fulfilment of certain conditions

Tata Power Company has launched and priced a US$250 million + upsize option of US$50 million, 5 years and 1 day, 1% - 1.75% coupon Foreign Currency Convertible Bond (bonds) offering, subject to fulfilment of certain conditions to the closing of the issue. The bonds are convertible at 10% premium over the closing price of the Company's shares on National Stock Exchange of India on 05 November 2009 listed and bear a yield to maturity of 3.5% per annum calculated on a semi-annual basis. These bonds are expected to be listed on the Singapore Stock Exchange.

The company made this announcement during the trading hours today, 06 November 2009. Nomura is the Sole Underwriter and Book runner to the offering.