REC Limited 2.75% 13-JAN-2027REC Limited 2.75% 13-JAN-2027REC Limited 2.75% 13-JAN-2027

REC Limited 2.75% 13-JAN-2027

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Key terms


Outstanding amount
‪400.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
2.75% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.75%
Maturity date
Jan 13, 2027
Term to maturity
2 years

About REC Limited 2.75% 13-JAN-2027


Issuer
Sector
Finance
Industry
Finance/Rental/Leasing
Issue date
Jul 13, 2021
FIGI
BBG011PKPRN2
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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