India’s Power Finance board to consider proposal for raising funds

By Sarah Lizee

Olympia, Wash., March 21 – Power Finance Corp. Ltd. informed the Bombay Stock Exchange that its board of directors will meet on Monday to consider a proposal for raising funds.

The company will consider issuing bonds, term loans, commercial paper, syndicate loans or other methods from domestic and international markets.

The company, which provides financing for electrical power, is based in New Delhi.

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