RECL-7.50%-28-2-33-PVTRECL-7.50%-28-2-33-PVTRECL-7.50%-28-2-33-PVT

RECL-7.50%-28-2-33-PVT

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750REC33 analysis



Key facts


Issuer
Issue date
Sep 23, 2022
Maturity date
Feb 28, 2033
Outstanding amount
‪49.48 B‬INR
Face value
1,000,000.00INR
Minimum denomination
10,000,000.00INR
Coupon
7.50% (Fixed)
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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