Chicago, Sept. 16 – Power Finance Corp. Ltd. issued $750 million of new notes in two parts, according to a notice.
The first tranche consisted of $300 million of 3¼% notes due 2024.
The second part was for $450 million of 3.9% notes due 2029.
Barclays, MUFG and Standard Chartered Bank were the bookrunners.
The company, which provides financing for electrical power, is based in New Delhi.
| Issuer: | Power Finance Corp. Ltd.
|
| Description: | Notes
|
| Bookrunners: | Barclays, MUFG and Standard Chartered Bank
|
| Issue date: | Sept. 16
|
|
|
| 2024 notes
|
| Amount: | $300 million
|
| Maturity: | 2024
|
| Coupon: | 3¼%
|
|
|
| 2029 notes
|
| Amount: | $450 million
|
| Maturity: | 2029
|
| Coupon: | 3.9%
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
