REC LTD 2.25% SNR MTN 01/09/26REC LTD 2.25% SNR MTN 01/09/26REC LTD 2.25% SNR MTN 01/09/26

REC LTD 2.25% SNR MTN 01/09/26

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Key facts


Issuer
Issue date
Mar 1, 2021
Maturity date
Sep 1, 2026
Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
2.25% (Fixed)
Yield to maturity
6.85%
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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