New Delhi, April 28, 2025: REC Limited, a leading public sector enterprise under the Ministry of Power and a premier non-banking finance company, has successfully raised ₹5,000 crore through the issuance of bonds.
An official spokesperson said the offering comprised ₹3,000 crore through 5-year bonds at a coupon rate of 6.87% and ₹2,000 crore through 10-year bonds at a coupon rate of 6.86%.
The bond issuance witnessed an overwhelming response from market participants, reflecting strong investor confidence in the company’s robust financial position and growth prospects.
The bonds have been assigned a “AAA” rating by prominent credit rating agencies—CARE Ratings, ICRA, and India Ratings & Research Pvt Ltd (IRRPL)—signifying the highest degree of safety regarding the timely servicing of financial obligations.
The bonds will be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), enhancing their liquidity and offering investors easy tradability.