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REC LTD 2.25% SNR MTN 01/09/26REC LTD 2.25% SNR MTN 01/09/26REC LTD 2.25% SNR MTN 01/09/26

REC LTD 2.25% SNR MTN 01/09/26

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Key terms


Outstanding amount
‪500.00 M‬ USD
Face value
1,000.00 USD
Minimum denomination
200,000.00 USD
Coupon
2.25% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.89%
Maturity date
Sep 1, 2026
Term to maturity
1 year

About REC LTD 2.25% SNR MTN 01/09/26


Issuer
REC Ltd.
Sector
Finance
Industry
Finance/Rental/Leasing
Home page
recindia.nic.in
Issue date
Mar 1, 2021
ISIN
XS2306847232
FIGI
BBG00ZDKY862
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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