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 exchange said.
The company has already listed $1.5 billion bonds under its $4 billion global medium-term note programme and $500 million green bond issuance on India INX.