{"id":436440,"date":"2021-09-17T09:20:06","date_gmt":"2021-09-17T03:50:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=436440"},"modified":"2021-09-17T10:00:59","modified_gmt":"2021-09-17T04:30:59","slug":"pfc-issues-300-million-euro-bonds-for-7-year-period-in-european-market-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pfc-issues-300-million-euro-bonds-for-7-year-period-in-european-market-2\/","title":{"rendered":"PFC issues 300 million euro bonds for 7-year period in European market"},"content":{"rendered":"<p>State-owned PFC on Thursday said it has issued bonds worth 300 million euros for a period of seven years.<\/p>\n<p>In a statement, Power Finance Corporation Ltd (PFC) said the issuance which took place on Monday saw a strong participation from institutional investors across Asia and Europe with a participation from across 82 accounts and was oversubscribed 2.65 times<\/p>\n<p>&#8220;PFC successfully issued its maiden 300 million euros 7 year euro bond issuance on 13.09.2021. The pricing of 1.841 per cent achieved is the lowest yield locked in by an Indian issuer in the euro markets,&#8221; the statement said.<\/p>\n<p>It is the first ever euro issuance by an Indian NBFC and the first euro bond issuance from India since 2017, PFC said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned PFC on Thursday said it has issued bonds worth 300 million euros for a period of seven years. In a statement, Power Finance Corporation Ltd (PFC) said the issuance which took place on Monday saw a strong participation from institutional investors across Asia and Europe with a participation from across 82 accounts and was oversubscribed 2.65 times &#8220;PFC successfully issued its maiden 300 million euros 7 year euro bond issuance on 13.09.2021. The pricing of 1.841 per cent achieved is the lowest yield locked in by an Indian issuer in the euro markets,&#8221; the statement said. It is the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-436440","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/436440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=436440"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/436440\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=436440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=436440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=436440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}