JSW Energy allots INR 800 crore in debentures

JSW Energy has announced the allotment of 80,000 unsecured, rated, listed, taxable, redeemable Non-Convertible Debentures (NCDs), each with a face value of ₹1,00,000, totaling ₹800 crore. This decision was made by the Finance Committee at a meeting held on March 20, 2025. The debentures are issued in two tranches: Tranche 1 amounts to ₹400 crore (including a Green Shoe option of ₹100 crore), and Tranche 2 also amounts to ₹400 crore. The NCDs are listed on the BSE. Tranche 1 has a tenure of 3 years, maturing on March 20, 2028, with a coupon rate of 8.75%, while Tranche 2 has a tenure of 5 years, maturing on March 20, 2030, with a coupon rate of 8.80%.