Mumbai, Dec. 17 -- Tata Chemicals has allotted 1,50,000 listed, unsecured, rated,

redeemable, taxable, non-cumulative non-convertible debentures, having face value Rs 1,00,000/- each, for cash, aggregating to Rs 1,500 crore, for a tenor of 2 years 364 days, to identified investors on private placement basis, on the terms and conditions as mentioned in the transaction documents for the said issue.

The NCDs have a fixed rate coupon of 7.06% and have been issued based on multiple yield allotment method. The NCDs will be listed on the Debt Segment of National Stock Exchange of India Limited (NSE).

Published by HT Digital Content Services with permission from Capital Market....