CE-MAT 2025

REC Limited Successfully Raises Rs 5,000 Crore Through Bond Issuance

REC Limited Successfully Raises Rs 5,000 Crore Through Bond Issuance

New Delhi, April 28, 2025: REC Limited, a leading public sector enterprise under the Ministry of Power and a premier non-banking finance company, has successfully raised Rs 5,000 crore through the issuance of bonds. The offering included Rs 3,000 crore through 5-year bonds at coupon of 6.87 % and Rs 2,000 crore through 10-year bonds at coupon of 6.86 %.
 

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The bond issuance witnessed an overwhelming response from market participants, reflecting strong investor confidence in the company's robust financial position and growth prospects.

The bonds have been assigned a "AAA" rating by prominent credit rating agencies – CARE Ratings, ICRA, and India Rating & Research Pvt Ltd (IRRPL) – signifying the highest degree of safety regarding timely servicing of financial obligations.

 

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The bonds will be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), enhancing their liquidity and offering investors easy tradability.

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