Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Motilal Oswal Securities Ltd.
Provider: Axis Capital Limited

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NTPC Ltd Announces Term Loan Agreement

Wednesday, 6 Feb 2013 12:07am EST 

NTPC Ltd announced that the Company has signed on January 29, 2013, a term loan agreement for USD250 million with State Bank of India, New York Branch and Mizuho Corporate Bank, Limited., Singapore Branch as Arrangers and Lenders. The proceeds of the loan shall be utilized towards capital expenditure for procurement of goods and services for the ongoing and new projects and renovation and modernization of stations of the Company. The loan carries a floating rate of interest linked to LIBOR and has a door to door maturity of seven years. 

Company Quote

-2.65 -1.82%
5:52am EDT