OREANDA-NEWS. June 03, 2011. Tata Power, India's largest integrated private power utility, has successfully completed its offering of perpetual debentures of Rs1,500 crore. The mandated joint lead arrangers for the issuance are Standard Chartered Bank and Yes Bank, reported the press-centre of Tata.

The unique features of these debentures are that they are perpetual in nature with no maturity or redemption and are callable only at the option of the company. Face value of each debenture is Rs1,000,000.

These debentures will be listed on the National Stock Exchange (NSE).