NTPC Tax Free Bond

September 23, 2015

Issue Overview
Public issue by the Company of tax-free secured redeemable non-convertible Bonds for an amount of Rs. 400 crore with an option to retain oversubscription of up to Rs. 300 crore for issuance of additional bonds aggregating to a total of up to Rs. 700 crore during fiscal 2016.

Issue Date : September 23, 2015 – September 30, 2015
Allotment : First Come First Serve Basis
Issue Price : Rs. 1000/- per Bond
Face Value : Rs. 1000/- per Bond
Minimum Application : 5 Bonds (Rs. 5,000/-) (individually or collectively, across all Series of Bonds) and in the multiple of One Bond (Rs. 1,000/-) thereafter
Nature of Instrument : Tax-free secured redeemable and non-convertible
Listing : BSE & NSE
Rating : ICRA] AAA (Stable) by ICRA, CRISIL AAA by CRISIL, CARE AAA (Triple A) by CARE.

SPECIFIC TERMS FOR EACH SERIES OF BONDS

Maturity/Redemption Date
Tenure Of Bonds
10 Years : 10 years from Deemed Date of Allotment
15 Years : 15 years from Deemed Date of Allotment
20 Years : 20 years from Deemed Date of Allotment

Coupon Rates for Category I, II and III

SERIES OF BONDS
Series 1A
Coupon Rate (%) per annum : 7.11%
Annualized Yield (%) per annum : 7.11%

Series 2A
Coupon Rate (%) per annum : 7.28%
Annualized Yield (%) per annum : 7.28%

Series 3A
Coupon Rate (%) per annum : 7.37%
Annualized Yield (%) per annum : 7.37%

Coupon Rates for Category IV

SERIES OF BONDS
Series 1B
Coupon Rate (%) per annum : 7.36%

Series 2BA
Coupon Rate (%) per annum : 7.53%

Series 3B
Coupon Rate (%) per annum : 7.62%