REC LTD 3.5% SNR MTN 12/12/2024REC LTD 3.5% SNR MTN 12/12/2024REC LTD 3.5% SNR MTN 12/12/2024

REC LTD 3.5% SNR MTN 12/12/2024

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Key terms


Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
3.50% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
6.59%
Maturity date
Dec 12, 2024
Term to maturity
1 month

About REC LTD 3.5% SNR MTN 12/12/2024


Issuer
Sector
Finance
Industry
Finance/Rental/Leasing
Issue date
Dec 12, 2019
ISIN
XS2084421630
FIGI
BBG00R0ZTZC0
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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