NTPC Raises $750 Million via External Commercial Borrowing

The funds will be used for capital expenditure initiatives, including renewable energy projects

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NTPC has raised an unsecured $750 million via an external commercial borrowing syndicated term loan facility. This loan will include a base issue of $500 million and a greenshoe option of $250 million, with a door-to-door tenor of 10 years and an average maturity of seven years.

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