India’s NTPC mandates bookrunners for euro notes roadshow

By Christine Van Dusen

Atlanta, Jan. 10 – India’s NTPC Ltd. has mandated Axis Bank, Barclays, Citigroup, MUFG, SBI Capital Markets and Standard Chartered Bank as bookrunners for an offering of 10-year euro-denominated notes that will be marketed during a roadshow, a market source said.

The roadshow for the Regulation S notes will begin on Jan. 16.

NTPC is a New Delhi-based power company.

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