March 29, 2024 10:52 (IST)
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Exclusive primary listing of green bonds of $ 750 million of REC Ltd at GIFT IFSC stock exchanges

Gandhinagar (Gujarat): Government-owned REC Ltd has undertaken an exclusive listing of its recently issued Green bonds of $ 750 million raised under its Global Medium Term Programme of $ 7 billion at GIFT IFSC stock exchanges in a primary listing ceremony held in GIFT IFSC, Gandhinagar on May 3, 2023.

REC raises USD 1175 million syndicated term loan

Mumbai/UNI: In a first for any NBFC in India, state-run non-banking financial company REC Limited (Rural Electrification Corporation Limited) on Friday said it has successfully raised USD 1,175 million from a consortium of seven banks.