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rec: REC raises USD 1 15 billion in August from 6 banks

State-owned REC announced on Wednesday that a group of six banks helped it raise USD 1.15 billion in two installments in August. According to the Reserve Bank of India s ECB requirements, loan proceeds must be used to finance projects in the infrastructure, logistics, and power sectors.

Vivek kumar dewanganLondon branchAxis bankMarket borrowing programme of rsLondon branch onGujarat international fin tecExim bankIndia exim bankReserve bankBorrowing programmeGujarat international fin tec cityState bankSecured overnight financing rateManaging directorForeign currency term loan agreementExport import bank

REC raises USD 1 15 billion in August from 6 banks

REC raises USD 1 15 billion in August from 6 banks
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Vivek kumar dewanganGujarat international fin tecMarket borrowing programme of rsLondon branch onAxis bankExim bankIndia exim bankLondon branchReserve bankBorrowing programmeGujarat international fin tec cityState bankSecured overnight financing rateManaging directorForeign currency term loan agreementExport import bank

REC raises $1 15 Bn through syndicated term loan in August - The Hindu BusinessLine

REC raises $1 15 Bn through syndicated term loan in August - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Bookrunners mlabsVivek kumar dewanganLondon branch onAvaada groupGujarat international fin tecExim bankIndia exim bankLondon branchAxis bankMandated lead arrangersGujarat international fin tec cityState bankSecured overnight financing rateReserve bankKumar dewanganForeign currency term loan agreement

REC says it raised $1 15 billion in August from consortium of six banks

REC says it raised $1 15 billion in August from consortium of six banks
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Vivek kumar dewanganAxis bankIndia exim bankLondon branch onMarket borrowing programme of rsLondon branchExim bankGujarat international fin tecReserve bankBorrowing programmeGujarat international fin tec cityState bankSecured overnight financing rateManaging directorForeign currency term loan agreementExport import bank

REC raises USD 1 15 Billion through syndicated term loans | Indiablooms - First Portal on Digital News Management

New Delhi: Maharatna Central Public Sector Enterprise REC Limited has successfully raised USD 1.15 Billion in August 2023.

Vivek kumar dewanganBookrunners mlabsAxis bankGujarat international fin tecMarket borrowing programme of rsLondon branch onLondon branchSecured overnight financing rateReserve bankBorrowing programmeMandated lead arrangersGujarat international fin tec cityState bankManaging directorEw delhi maharatna central public sector enterprise rec limited has successfully raised usd 1 15 billion in august 2023