NTPC ties up USD 250 million term loan facility

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..... NTPC ties up USD 250 million term loan facility
News and Press Release
Dated:- 22-2-2013

National Thermal Power Corporation (NTPC) has tied up a term loan facility of USD 250 million wit .....

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..... h State Bank of India, New York Branch and Mizuho Corporate Bank, Limited., Singapore Branch as Arrangers and Lenders. The loan agreement signed in New York by Shri A.K. Singhal, Director (Finance), e .....

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..... mpowers NTPC for utilization of the proceeds of the loan towards capital expenditure for procurement of goods and services for the ongoing and new projects, renovation and modernization of stations of .....

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..... the corporation. The loan carries a floating rate of interest linked to LIBOR and has a door to door maturity of 7 years. With the execution of the facility, NTPC has raised USD 750 million in the c .....

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..... urrent financial year, the maximum amount permitted under the Automatic Route of the ECB guidelines issued by the RBI. AL/BM (Release ID :92376)
News - Press release - PIB .....

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