JSW Energy Ltd - 533148 - JSW Hydro Energy Limited, A Wholly-Owned Subsidiary Of JSW Energy Limited Is Proposing, Subject To Market Conditions And Certain Conditions Precedent,An Issue Of Debt Instruments In The Form Of US Dollar Denominated Senior Secured Notes (The 'Notes')
Further to our letter dated 26th March, 2021 and in terms of Regulation 30(9) of the Listing Regulations as amended, we wish to inform you that, further to the meeting of the Board of Directors of JSW Hydro Energy Limited (the 'Issuer') held on 25th March, 2021, the Issuer is proposing, subject to market conditions and certain conditions precedent, an issue of debt instruments in the form of US Dollar denominated senior secured notes (the 'Notes'). The Issuer is a wholly-owned subsidiary of JSW Energy Limited (the 'Company'). The Notes will be secured by, inter alia, assets of the Issuer and a pledge over 51% of the equity shares of the Issuer held by the Company.04-05-2021