Help Desk -
9958816305, 9810335381
Email
Password

NTPC Raises Japanese Yen Loan Worth USD 750 Million

Power News - Published on Tue, 11 Feb 2020

Image Source: NTPC
India’s largest power generator NTPC Limited has raised syndicated Japanese yen loan worth USD 750 million. This is the largest ever syndicated JPY loan raised by any Asian Corporate from offshore Samurai loan market. It is also the highest ever single foreign currency loan raised by NTPC.

Raised under automatic route of RBI ECB regulations, the loan has been fully underwritten by State Bank of India, Tokyo, Sumitomo Mitsui Banking Corporation, Singapore and Bank of India, Tokyo.

The facility has a door to door maturity of 11 years under two tranches.

Source :

Posted By : Arun Huidrom on Tue, 11 Feb 2020
Related News from Power segment