NTPC to raise Rs 3925 crore for funding capital expenditure and refinance debt

Through private placement of NCDs

NTPC has decided to raise Rs. 3925 crore through private placement of secured non-convertible debentures at a coupon of 7.37% p.a. with a door to door maturity of 15 years on December 14, 2016. The proceeds will be utilized to finance capital expenditure / refinancing the debt requirement in on-going projects and other general corporate requirements.

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