738REC27738REC27738REC27

738REC27

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Key terms


Outstanding amount
‪245.00 M‬INR
Face value
1,000,000.00INR
Minimum denomination
10,000,000.00INR
Coupon
7.38% (Fixed)
Coupon frequency
Annual
Yield to maturity
2.70%
Maturity date
Nov 21, 2027
Term to maturity
3 years

About 738REC27


Issuer
Sector
Finance
Industry
Finance/Rental/Leasing
Issue date
Nov 21, 2012
ISIN
INE020B07GV8
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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