854REC2028854REC2028854REC2028

854REC2028

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Key terms


Outstanding amount
‪450.00 M‬INR
Face value
1,000,000.00INR
Minimum denomination
50,000,000.00INR
Coupon
8.54% (Fixed)
Coupon frequency
Annual
Yield to maturity
5.21%
Maturity date
Oct 11, 2028
Term to maturity
3 years

About 854REC2028


Issuer
Sector
Finance
Industry
Finance/Rental/Leasing
Issue date
Oct 11, 2013
ISIN
INE020B07HV6
FIGI
BBG005D09SY5
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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