Petronet LNG has invited bids for Rs. 300 crore through book building process for issuing Unsecured Redeemable taxable Non-Convertible Debentures (NCD) (Series I) for a period of five years through private placement basis. The cut off coupon rate is at 8.35% per annum.
Petronet LNG is one of the leading players in oil and natural gas industry space. It has India’s first and largest LNG supply terminal located at Dahej.