REC-6.89%-5-11-25-S-1A-NCDREC-6.89%-5-11-25-S-1A-NCDREC-6.89%-5-11-25-S-1A-NCD

REC-6.89%-5-11-25-S-1A-NCD

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689RECL24 analysis



Key facts


Issuer
Issue date
Nov 5, 2015
Maturity date
Nov 5, 2025
Outstanding amount
‪512.46 M‬INR
Face value
1,000.00INR
Minimum denomination
1,000.00INR
Coupon
6.89% (Fixed)
Yield to maturity
4.56%
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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