Fitch Ratings affirms NTPC at "BBB-" (LT Int. Scale (local curr.) credit rating); outlook stable

June 16, 2017 - CBonds

 

Fitch Ratings affirmed the "BBB-" LT Int. Scale (local curr.) credit rating of NTPC on June 15, 2017. The outlook is stable.
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Issuer: NTPC
Issuer profile:
NTPC Limited (formerly National Thermal Power Corporation) is the largest state-owned power generating company in India. NTPC's core business is engineering, construction and operation of power gener... more
Outstanding issues:
5 issuesUSD2,500,000,000
1 issuesEUR500,000,000
190 issuesINR295,378,305,000
Issuer rating:
Moody's Investors ServiceBaa3/LT- foreign currency04/09/2015
S&P Global RatingsBBB-/StableForeign Currency LT09/26/2014
S&P Global RatingsBBB-/StableLocal Currency LT09/26/2014
Fitch RatingsBBB-/StableLT Int. Scale (foreign curr.)06/15/2017
Fitch RatingsBBB-/StableLT Int. Scale (local curr.)06/15/2017