Searched for
PFC BOND ISSUE
PFC raises $300 million through five year dollar bondPower Finance Corp successfully raised $300 million in international bonds, marking India's second such issuance since the RBI's special sw...
Indian financial firms to tap $1.5 billion overseas bonds this week: BankersIndian lenders are poised to issue approximately $1.5 billion in foreign-currency bonds this week, driven by a new, cost-effective hedging ...
SBI, Axis Bank among lenders set for $2 billion ECB fundraising via RBI swapMajor Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion fro...
HDFC raises $750-m ECB, first under RBI's special swap planHDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...
Power finance cos turn to global markets for cheaper fundsIndian power and renewable energy firms are looking abroad for loans. The Reserve Bank of India's new dollar-rupee swap facility has made f...
RBI's reform package could pull $40-75b inflows, push rupee to 92-93 and keep August rate on holdThe RBI's recent announcements are expected to attract substantial foreign capital, potentially strengthening the rupee. Analysts anticipat...
PFC board clears next step for REC merger, seeks govt approvalPower Finance Corporation has taken a key step toward merging with REC Limited after its board approved seeking the President of India’s no...
PFC-REC merger may not be a priority amid war squeezeBoards of Power Finance Corporation and REC will meet Saturday. Uncertainty surrounds their proposed merger. The government's stake may fal...
India state-run firms tap bond market for $2 billion before funding costs rise"The pickup in issuance suggests companies have stopped waiting for borrowing costs to decline and have accepted that yields are unlikely t...
PFC plans public bond issue to raise Rs 5,000 crorePower Finance Corp is launching a public bond issue to raise up to ₹5,000 crore. This comes after the company cancelled private bond sales ...
PFC raises Rs 4,432 cr via three- & 10-yr bond issuesCoupon rates for the bond sales were largely in line with market expectations, treasury executives said. PFC and its subsidiary REC are bot...
PFC's Rs 5k cr bond issue subscribed 94% on Day 1; likely to close on MondayPower Finance Corporation (PFC) has planned to raise Rs 10,000 crore through bonds in two tranches.
PFC dismisses speculations over FPO in near futureThe company said, "There have been rumours circulating in the market on the launch of FPO by the PFC. In this regard, it is clarified that ...
PFC’s dollar bonds receive 42% US participationPFC becomes the first Indian public sector company to issue senior unsecured US-dollar bonds with a tenure of more than 10 years.
PFC's 54EC capital gain bond issue in July, to raise Rs 18K croreThe PFC is the first company to raise capital gain bonds under Section 54EC this fiscal. The issue would remain open till March 31, 2018.
Four tax free bond issues hit the financial marketsTax free bonds are back after a lull of two weeks. REC, PFC, HUDCO and IRFC launch their tax free bonds.
- Power Finance Corporation looking to raise Rs.1000 crore through medium term bond issue
Power Finance Corporation is looking to raise Rs.1000 crore through a medium term bond issue.
- Power Finance Corp plans to raise nearly Rs 16,800 cr
Power Finance Corp is hoping to raise nearly Rs 16,800 crore in the coming months through issue of securities, including tax-free bonds.
- PFC awaits govt approval for Rs 5,000 crore tax-free bonds issue
PFC, expects to raise as much as Rs 30,000 crore this financial year(2011-12). PFC has raised around Rs 13,000 crore rupee loans so far thi...
- PFC to raise Rs 22k cr from infra, tax-free bonds this fiscal
State-run lending agency Power Finance Corporation plans to raise over Rs 22,000 crore through infrastructure and tax-free bond issues.