REC LTD 3.875% SNR MTN 07/07/27REC LTD 3.875% SNR MTN 07/07/27REC LTD 3.875% SNR MTN 07/07/27

REC LTD 3.875% SNR MTN 07/07/27

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Key terms


Outstanding amount
‪450.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
3.88% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
11.88%
Maturity date
Jul 7, 2027
Term to maturity
2 years

About REC LTD 3.875% SNR MTN 07/07/27


Issuer
Sector
Finance
Industry
Finance/Rental/Leasing
Issue date
Jul 7, 2017
ISIN
XS1641477119
FIGI
BBG00GSQG3N7
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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