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Prospect News home > News index > List of issuers M > Headlines for Maithon Power Ltd. > News item
Published on 11/30/2015 in the Prospect News Emerging Markets Daily.

India’s Maithon Power issues Rs. 5 billion nonconvertible debentures

By Wendy Van Sickle

Columbus, Ohio, Nov. 30 – Maithon Power Ltd. has issued Rs. 5 billion of redeemable secured nonconvertible debentures, according to a Bombay Stock Exchange announcement.

The debentures, which have floating interest tied to the base rate published by HDFC Bank Ltd., were issued on private placement basis.

The electric power company is based in Dhanbad, India.


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