854REC2028854REC2028854REC2028

854REC2028

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854REC2028 analysis



Key facts


Issuer
Issue date
Oct 11, 2013
Maturity date
Oct 11, 2028
Outstanding amount
‪450.00 M‬INR
Face value
1,000,000.00INR
Minimum denomination
50,000,000.00INR
Coupon
8.54% (Fixed)
Yield to maturity
2.35%
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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