NTPC Ltd.

NTPC has launched and priced an issue of 3.75% - $450,000,000 notes on March 26, 2019. The Notes carry a coupon of 3.75% per annum payable semi-annually. The Notes are expected to be settled by April 03, 2019. The Notes will mature on April 3, 2024 and all principal and interest payments will be made in US dollars.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.