REC Limited successfully raises 3 Yr USD 500 Mn Bonds, first USD cross border issuance out of India since COVID-19
May 13th, 2020 | By ThenewsmanofIndia.com(THE NEWSMAN OF INDIA.COM) New Delhi, 13th May 2020: REC Limited, a Government of India PSU and one of India’s largest power financiers, opened up the USD markets for Indian issuers in the wake of COVID crisis. In the lead up to the issuance, REC was actively monitoring markets, waiting patiently for an opportune window.
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