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IRFC notes: IRFC lists $750-mn medium-term note on India INX - Vimarsana News

IRFC notes: IRFC lists $750-mn medium-term note on India INX

NEW DELHI: Indian Railway Finance Corporation (IRFC) has listed $750 million medium-term note on BSE-owned India International Exchange's debt listing platform, the bourse said on Friday. The issue is part of IRFC's $4-billion global medium-term note programme, the exchange said in a statement. The issue, at a coupon of 2.8 per cent per annum, was over-subscribed by more than 4 times. "IRFC raised $750 million in 10-year money under its $4-billion global medium-term note programme established on the Global Securities Market (GSM) of India International Exchange (India INX) at GIFT IFSC," the ...