REC taps international bond market to raise USD 400 mn
REC has priced USD 400 million 2.75% Reg. S Notes due
2027 on 6 July 2021 under its USD 7 Billion Global Medium Term Note Programme.
The Notes will mature on 13 January 2027 and all principal and interest payments will be made in U.S. Dollars.
The settlement date for the Notes is expected to be 13 July 2021.
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First Published: Jul 07 2021 | 4:30 PM IST