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.
REC Raises $500 Million Through Bonds
Feb 23 2021, 7:58 PM
February 23 2021, 7:58 PM
February 23 2021, 7:58 PM
State-run REC Ltd. on Tuesday said it has raised $500 million through issuance of bonds under its $7 billion âglobal medium-term note programmeâ which would be used to finance the power sector.
State-run REC Ltd. on Tuesday said it has raised $500 million through issuance of bonds under its $7 billion âglobal medium-term note programmeâ which would be used to finance the power sector.
The 2.25% notes will be due in 2026 and all interest payments will be made in U.S. dollars, it said in a stock exchange filing. The settlement date for the notes is expected to be March 1, 2021.
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December 2, 2020 – The Barbados Stock
Exchange Inc. (BSE) is pleased to announce that on December 1st,
2020 the Exchange received regulatory approval for the inaugural
listing of a Eurobond on its International Securities Market (ISM).
The Eurobond, listed by Golden Acquisition, was approved by the
Financial Services Commission (FSC) and is sponsored by Centurion
ISM Services Inc; a Listing Sponsor for the ISM. Centurion ISM Services is pleased to have had the
opportunity to secure the listing of yet another security on the
International Securities Market noted Andrew Ferreira,
Read more about IRFC issues USD 750 mn bonds at a fixed rate of 2.80% for 10 years on Business Standard. The bonds will be issued on 10 February, 2021 for a tenor of 10 years at a fixed rate of 2.80%. The bonds carry semi-annual interest payment and bullet principal repayment.