Announcement

Saturday, August 6, 2011

PGCIL to raise INR 2500 crore via bonds issue

Transmission company Power Grid Corporation of India is expected to raise INR 2,500 crore by issuing corporate bonds before the end of this month. The company would issue bonds in tenors ranging between four and 15 years, with a coupon rate of 9.50%.

Yields on 10 year ‘AAA’
 

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