REC Limited 4.625% 22-MAR-2028REC Limited 4.625% 22-MAR-2028REC Limited 4.625% 22-MAR-2028

REC Limited 4.625% 22-MAR-2028

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SBIN4618396 analysis



Key facts


Issuer
Issue date
Mar 22, 2018
Maturity date
Mar 22, 2028
Outstanding amount
‪300.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
4.63% (Fixed)
Yield to maturity
5.70%
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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