REC-8.80%-22-1-29-PVTREC-8.80%-22-1-29-PVTREC-8.80%-22-1-29-PVT

REC-8.80%-22-1-29-PVT

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88REC29 analysis



Key facts


Issuer
Issue date
Jan 22, 2019
Maturity date
Jan 22, 2029
Outstanding amount
‪20.27 B‬INR
Face value
1,000,000.00INR
Minimum denomination
1,000,000.00INR
Coupon
8.80% (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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