NTPC Green Energy has successfully raised Rs 3,960 crore through its anchor book ahead of its Rs 10,000-crore IPO, which opens for subscription on November 19 and closes on November 22. The IPO features a fresh issue of shares priced between Rs 102-108, with 36,66,66,666 equity shares allocated to anchor investors at Rs 108 each. Notable global institutional investors include Goldman Sachs, Morgan Stanley, and the Government of Singapore.
US companies are seizing the opportunity in the debt market as risk premiums decline, with major banks like Citi, Goldman Sachs, HSBC, and BNP Paribas among 13 firms issuing investment-grade bonds. This surge marks the busiest day for high-grade deals since September 4, which saw 19 transactions, according to data from Bloomberg.
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