Today news
About the same in other media
PFC eyes up to Rs 5,000 crore via public issue of bonds
Reading now: 329
Power Finance Corporation will likely launch this week its first public issue of bonds since January 2021, looking to raise up to ₹5,000 crore. The issue, which opens on July 21 and closes on July 28, could have a base size of ₹500 crore and a greenshoe option of ₹4,500 crore, sources said.
The arrangers to issue include Trust Investment Advisors, AK Capital Services, JM Financial, SMC Global Securities and Edelweiss Financial Services.PFC's issue includes three tranches — three-year bonds, 10-year bonds and 15-year bonds. The portion for institutional investors makes up 10%, while that for non-institutional investors accounts for 10%.
Read more on economictimes.indiatimes.comAbout this in other media
BoM likely to raise up to Rs 1,000 crore via tier-2 bonds economictimes.indiatimes.com /1 year ago
Adani group company Ambuja Cements acquires Sanghi Industries at enterprise value of ₹5,000 crore. Shares rise livemint.com /1 year ago
Air India accumulated losses at FY23-end pegged at Rs 14,000 crore economictimes.indiatimes.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
