Loan & Debt28 Sept 2026, 08:41 pm
JSW Energy Allots ₹500 Cr in Non-Convertible Debentures
AI Summary
JSW Energy Ltd has announced the allotment of 50,000 Unsecured, Listed, Rated, Taxable, Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, aggregating to ₹500 Crores. This issuance, approved by the Finance Committee, is part of the company's broader plan to raise up to ₹3,000 Crores. The NCDs have a tenure of 7 years, with a coupon rate of 7.90% (Benchmark rate + Spread). Principal repayments are scheduled from September 2031 to September 2033, and redemption will be at par. The debentures are unsecured and listed on BSE Limited.
Key Highlights
- JSW Energy allotted 50,000 NCDs worth ₹500 Crores.
- NCDs are unsecured, listed, rated, taxable, and redeemable.
- The issuance is part of a larger ₹3,000 Crores fundraising plan.
- Debentures carry a 7-year tenure and 7.90% interest rate.
- Principal repayment and redemption at par are scheduled by September 2033.
Price Impact
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