According to a regulatory filing, Tata Steel has allotted 2,15,000 non-convertible debentures with the face value of Rs 1 lakh per unit.
The NCDs worth Rs 2,150 crore are unsecured, redeemable, rated and listed, with a tenure of five years, and a coupon rate of 8.03 per cent.
The debentures will be available to specifically identified investors on a private placement basis.
