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RECL-6.5%-26-3-31-PVTRECL-6.5%-26-3-31-PVTRECL-6.5%-26-3-31-PVT

RECL-6.5%-26-3-31-PVT

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Overview
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Key terms


Outstanding amount
—
Face value
1,000,000.00INR
Minimum denomination
10,000,000.00INR
Coupon
6.50% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
—
Maturity date
Mar 26, 2031
Term to maturity
6 years

About RECL-6.5%-26-3-31-PVT


Issuer
REC Ltd.
Sector
Finance
Industry
Finance/Rental/Leasing
Home page
recindia.nic.in
Issue date
Mar 26, 2021
ISIN
INE020B08DQ3
REC Ltd. engages in the provision of financial services. The company offers financial assistance to state electricity boards, state governments, central and state power utilities, independent power producers, rural electric cooperatives, and private sector utilities. Its services include loan for generation, transmission, and distribution projects. The company was founded on July 25, 1969 and is headquartered in Gurugram, India.

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