RECL-8.3%-25-3-19-PVTRECL-8.3%-25-3-19-PVTRECL-8.3%-25-3-19-PVT

RECL-8.3%-25-3-19-PVT

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Key terms


Outstanding amount
‪40.00 B‬INR
Face value
1,000,000.00INR
Minimum denomination
1,000,000.00INR
Coupon
8.30% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
Maturity date
Mar 25, 2029
Term to maturity
4 years

About RECL-8.3%-25-3-19-PVT


Issuer
Sector
Finance
Industry
Finance/Rental/Leasing
Issue date
Mar 25, 2019
ISIN
INE020B08BO2
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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