NTPC Limited Announcement of Settlement (5783J)
22 Dicembre 2020 - 4:01PM
UK Regulatory
TIDM43ZT
RNS Number : 5783J
NTPC Limited
22 December 2020
THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT
QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE
MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU)
596/2014.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE
UNITED STATES OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO
DISTRIBUTE THIS ANNOUNCEMENT
This announcement is for information purposes only and does not
constitute or form part of and should not be construed as an
invitation or a solicitation of an offer to acquire, purchase or
subscribe for securities or an inducement to enter into investment
activity, or an invitation to enter into an agreement to do any
such things, nor is it calculated to invite any offer to acquire,
purchase or subscribe for any securities in India, Hong Kong,
Singapore, United Kingdom or the United States or any other
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction, and neither this
announcement nor anything herein forms the basis for any contract
or commitment whatsoever.
This announcement is not for distribution, directly or
indirectly, to any person or address in the United States. This
announcement and the information contained herein does not
constitute or form part of an offer to sell securities in the
United States. Securities may not be offered or sold in the United
States unless registered pursuant to the Securities Act, or
pursuant to an applicable exemption from such registration
requirement. The securities referred to herein have not been and
will not be registered under the Securities Act and no public
offering of securities will be made in the United States.
ANNOUNCEMENT OF SETTLEMENT
BY
NTPC LIMITED
(incorporated with limited liability in the Republic of
India)
(THE "ISSUER")
IN RESPECT OF:
INVITATION BY THE ISSUER TO ELIGIBLE HOLDERS (AS DEFINED IN THE
TENDER OFFER MEMORANDUM) FOR OFFERS TO TENDER FOR PURCHASE FOR CASH
ANY AND ALL OF THE OUTSTANDING (1) INR20,000,000,000 7.375 PER
CENT. NOTES DUE 2021 PAYABLE IN U.S. DOLLARS (ISIN: XS1467374473)
(THE "2021 NOTES"); AND/OR (2) INR20,000,000,000 7.25 PER CENT.
NOTES DUE 2022 PAYABLE IN U.S. DOLLARS (ISIN: XS1604199114) (THE
"2022 NOTES", TOGETHER WITH THE 2021 NOTES, THE "NOTES"), IN EACH
CASE, UPON THE TERMS, SUBJECT TO THE CONDITIONS AND IN THE MANNER
SET OUT IN THE TENDER OFFER MEMORANDUM (THE "OFFERS")
Reference is made to the announcements made on 7 December 2020,
16 December 2020 and 18 December 2020 in relation to the Offers.
The full terms and conditions of the Offers are set out in the
tender offer memorandum dated 7 December 2020 (the "Tender Offer
Memorandum"). Unless otherwise defined, capitalised terms used in
this announcement but not defined herein shall have the same
meanings as given to them in the Tender Offer Memorandum.
SETTLEMENT
Payment of the aggregate amounts of the relevant Purchase
Consideration, Accrued Interest Amount and Additional Interest
Amount for the Notes was made by the Issuer on the Settlement Date
(being 22 December 2020) in accordance with the terms set out in
the Tender Offer Memorandum to the Clearing Systems for payment to
the cash accounts of the relevant Direct Participants through which
the relevant Eligible Holders validly tendered their Notes.
Notes which have not been validly accepted for purchase by the
Issuer pursuant to the Offers will remain outstanding.
GENERAL
The distribution of this announcement in certain jurisdictions
may be restricted by law. Persons into whose possession this
announcement comes are required to inform themselves about, and to
observe, any such restrictions. This announcement is not a tender
offer memorandum, a solicitation of an offer to purchase, or a
solicitation of an offer to sell, any securities. The Offers have
been made solely pursuant to the Tender Offer Memorandum, which
sets forth a detailed description of the terms of the Offers.
This announcement is released by the Issuer and contains
information that qualified or may have qualified as inside
information for the purposes of Article 7 of the Market Abuse
Regulation (EU) 596/2014 (MAR), encompassing information relating
to the Offers described above. For the purposes of MAR and Article
2 of Commission Implementing Regulation (EU) 2016/1055, this
announcement is made by Aditya Dar, Chief General Manager for the
Issuer.
NTPC LIMITED
22 December 2020
Legal Entity Identifier: 335800Q4TRGJXNLVMB81
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
TENPPGBAPUPUGCP
(END) Dow Jones Newswires
December 22, 2020 10:01 ET (15:01 GMT)
Grafico Azioni Ntpc 7.375%21 (LSE:43ZT)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Ntpc 7.375%21 (LSE:43ZT)
Storico
Da Lug 2023 a Lug 2024