REC Limited raises $400 mn through 2 75% Notes equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Joe Burgess / Georgia Colkin / Annabel Atkins 077 6932 5254 Stifel Nicolaus Europe Limited, which also trades under the name Keefe, Bruyette & Woods ( KBW ), and which is authorised and regulated in the United Kingdom by the FCA, is acting as financial adviser to AFH and no-one else in connection with the matters described in this Announcement and will not be responsible to anyone other than AFH for providing the protections afforded to clients of KBW nor for providing advice in connection with the matters referred to herein. Neither KBW nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of KBW in connection with this Announcement, any statement contained herein, the Acquisition or otherwise.
Read more about State-run REC raises $500 million through issuance of notes on Business Standard. The firm has raised the money through issuance of notes (bonds) under its $7 billion Global Medium Term Note Programme which would be used to finance the power sector
Under its USD 7 billion Global Medium Term Note ProgrammeREC has priced US$ 500,000,000, 2.25
per cent Notes due 2026, on 22 February, 2021 under its USD 7 billion Global Medium Term
Note Programme (the Notes ). The Notes will mature on 01 September, 2026 and all principal
and interest payments will be made in U.S. Dollars. The settlement date for the Notes is
expected to be 01 March 2021.
The Notes represent direct, unconditional and unsecured obligations of the Issuer and will rank
pari passu among themselves and all other unsecured obligations of the Issuer. The Notes will be
listed on London Stock Exchange s International Securities Market (ISM), Singapore Exchange
REC Limited raises $500 mn equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.