RECL-7.77%-31-3-28-PVTRECL-7.77%-31-3-28-PVTRECL-7.77%-31-3-28-PVT

RECL-7.77%-31-3-28-PVT

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Key terms


Outstanding amount
‪20.00 B‬INR
Face value
100,000.00INR
Minimum denomination
10,000,000.00INR
Coupon
7.77% (Fixed)
Coupon frequency
Annual
Yield to maturity
Maturity date
Mar 31, 2028
Term to maturity
3 years

About RECL-7.77%-31-3-28-PVT


Issuer
Sector
Finance
Industry
Finance/Rental/Leasing
Issue date
Mar 15, 2023
ISIN
INE020B08EH0
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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