PFC lists $750 million MTN issue on India INX
New Delhi: BSE-owned India International Exchange (India INX) on Monday said it has listed state-owned Power Finance Corporation Ltd’s global notes worth USD 750 million on its debt listing platform.
The maiden issue is part of the company’s global medium term note (MTN) programme to raise up to USD 5 billion in overseas borrowings through debt-instrument, the release said.
The notes under the programme have been issued at a coupon rate of 3.95 per cent.
