NTPC sends out RFP for yen loan

IndiaMumbai_230px
By Pan Yue
18 Oct 2019

National Thermal Power Corp has sent out a request for proposals for an up to $300m-equivalent term loan.

The company is inviting banks to bid a for a yen-denominated dual tranche deal with an initial size of about $100m. The facility also carries a greenshoe option which can boost the borrowing to the equivalent of $300m, according to a stock filing on Wednesday.

The deal is ...

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