REC to raise $500m through green bonds, concludes roadshow in LondonThe proceeds will be used to fund renewable energy projects. REC will use its internal system to monitor and allocate the green bond procee...
21 Jun, 2024, 11.58 AM IST
REC Ltd secures Japanese green loan of Rs 3,200 croreREC Ltd has secured green loan totaling JPY 60.536 billion (approximately Rs 3,200 crore) designated for funding qualified clean energy ven...
26 Apr, 2024, 12.29 AM IST
REC raises about Rs 3,500 crore via yen-denominated green bondsREC Ltd, a state-owned company in India, has raised JPY 61.1 billion (about Rs 3,500 crore) through green bonds. The issuance includes 5-ye...
13 Jan, 2024, 01.20 PM IST
HDFC plans 10-year bond issue to raise Rs 10,000 crBoth the bond issues of REC have base sizes of ₹500 crore and additional subscription options of ₹2,500 crore each, sources said. One of th...
08 Jun, 2023, 06.14 AM IST
REC to float perpetual bonds of up to Rs 2,000 crorePerpetual bonds do not have a maturity date, although the call option implies that the issuer has the right to redeem the bonds on a fixed ...
26 Apr, 2023, 06.49 AM IST
REC raises Rs 2,848 cr in first local bond issue of FY24The Power Finance Corp subsidiary had initially announced a bond sale worth up to ₹3,000 crore, comprising a base size of ₹500 crore and a ...
12 Apr, 2023, 06.37 AM IST
REC raises €350 million five-year loan to diversify liabilities across currenciesThe loan was linked to the Euribor or Euro Interbank Offer Rate, which is the interest rate at which a panel of European banks borrow funds...
10 Apr, 2023, 02.57 PM IST
REC raises $750 million via green bondsAs a frequent issuer in the market and given the relatively stable market backdrop last week, the REC decided to capitalise on the environm...
08 Apr, 2023, 03.54 PM IST
REC sets coupon for green dollar bond issueIn March, REC had issued bonds maturing in more than five years and over 10 years at 7.77% and 7.69%, respectively. The 10-year plus bonds ...
04 Apr, 2023, 01.48 PM IST
REC launches book building for $500-m green bondsThe fundraising is part of a $7 billion global medium-term note programme and will be used to finance power infrastructure projects in Indi...
04 Apr, 2023, 09.21 AM IST
REC to raise over $500 million overseas via green bondsWhile the size and coupon will be finalised depending upon investor interest, the bond could be priced at 6%, according to a bond trader. R...
21 Feb, 2023, 05.58 AM IST
India seeks investment by LIC, pension fund in green bonds: SourcesThe power ministry has written to the finance ministry asking that the LIC and Employees' Provident Fund Organisation (EPFO) be mandated to...
08 Feb, 2023, 04.57 PM IST
REC raised $400 million through dollar bondsAccording to the statement, the bond is priced at 115 basis points over three years US Treasury.
13 Dec, 2017, 04.38 PM IST
REC, IRFC may raise $600 million via dollar bondsBoth these companies have to raise the money in the next 10 days.
05 Dec, 2017, 09.15 AM IST
Rural Electrification Corp to raise $300 million selling green bondsThe bonds are so called green bonds and will be used to finance environmentally friendly projects.
22 Jun, 2017, 09.45 PM IST
- REC to organise overseas road shows in Aug to raise $300 mn
State-run Rural Electrification Corp will organise roadshows next month in Singapore and Hong Kong to raise loans to the tune of $ 300 mill...
28 Jul, 2011, 03.26 PM IST
- IIFCL too boards infra bond wagon, to raise Rs 1,200 cr
The pre-tax yield of these bonds works out to over 11%. A taxpayer, in the 30% tax bracket, can save up to 6,180, by investing 20,000 in th...
02 Feb, 2011, 07.03 AM IST