RCF issues commercial paper for Rs 180 cr

State-owned Rashtriya Chemicals and Fertilizers (RCF) today said it has issued commercial paper for Rs 180 crore in favour of State Bank of India, with maturity dated as September 6, 2017.
This was communicated in a regulatory filing.
Commercial paper is an unsecured debt instrument issued normally for meeting short-term liabilities.
The stock rose by 1.99 per cent to close at Rs 86.95 on the NSE today.