01-01-1970 12:00 AM | Source: IANS
PFC raises Rs 3,000 cr via 47-month bonds at 7.13%
Power Finance Corporation Ltd raised Rs 3,000 crore through bonds maturing in 47 months at a coupon rate of 7.13 per cent, market participants have said.
The company had planned to raise Rs 3,000 crore, which included Rs 2,500 crore in greenshoe.
The bidding for the bonds has taken place on electronic bidding platform of the National Stock Exchange of India.
The bonds have been rated 'AAA' by CARE, CRISIL and ICRA.
Latest News
Evening Roundup : A Daily Report on Bullion Energy &...
India inflation to rise further to 5.81% on rising f...
Rupee weakens to record low, logs worst week in five...
Reduce NCC Ltd For Target Rs. 310 By Centrum Broking...
India`s Welspun posts steep Q2 profit drop on low do...
Palm Oil Sees Strongest Weekly Gains Since June 2022...
Add Page Industries Ltd For Target Rs. 46,991 By Ce...
Reduce Schaeffler India Ltd For Target Rs. 3,866 By ...
FIIs stood as net sellers in equities as per Novembe...
Commodity Research Evening Track by Kotak Securities