Power Finance Corporation Ltd.

Power Finance Corporation (PFC) will be raising $1 billion through overseas debt. The company will be hitting the overseas debt market with medium-term note programme shortly. International rating agency Fitch has assigned a ‘BBB-’ negative rating to the issue.

Power Finance Corporation (PFC) provides large range of financial products and services like project term loan, lease financing, direct discounting of bills, short term loan, and consultancy services for various power projects in generation, transmission, distribution sector as well as for renovation and modernization of existing power projects.