National Thermal Power Corporation (NTPC) today announced the setting up of a $1 billion medium term note (MTN) programme to facilitate raising of funds on a regular basis from the international debt/capital markets.According to a release issued by NTPC to the BSE today, Barclays Capital and Deutsche Bank AG have been appointed lead arrangers for the programme."The MTN programme has obtained ratings of BB+ and BB+, respectively, from Standard & Poor's and Fitch," the release added.
