MoneyWorks4Me

Power Finance Corporation to raise Rs 10,000 crore through bonds issue

13 Jan 2021 Evaluate

Power Finance Corporation (PFC) is going to raise Rs 10,000 crore through bonds in two tranches. The first tranche of Rs 5,000 crore will open for subscription on January 15 and close on January 29. PFC had previously sold tax-free infrastructure bonds to retail investors and this would be its maiden taxable issuance to individual buyers.

PFC is central PSU under Ministry of Power and India's leading NBFC.

Peers
Company Name CMP
Power Finance Corpn. 325.25
REC 299.75
NHIT 168.00
Satin Creditcare Net 224.50
IFCI 64.02
View more..