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Tata Power Co. Ltd. has informed the Exchange vide its letter dated November 06, 2009 that "The Company has today 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 Companys shares on National Stock Exchange of India Limited on 5th November 2009 listed and bear a yield to maturity of 3.5% p.a. calculated on a semi-annual basis. These Bonds are expected to be listed on the Singapore Stock Exchange. Nomura is the Sole Underwriter and Book runner to the offering".
2.22 PM Nov 6th 2009  | Track

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India gold demand returns as prices ease. Will gold prices correct further?
Yes
No

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