PFC’s NCDs to open soon, PSU plans to raise Rs 5,000 crore – Check dates and other details
The company, in an exchange filing, said that the deemed date of allotment of NCDs is the date on which the director (finance) approves the allotment. Mumbai: State-run Power Finance Corporation Limited (PFC) has announced that it plans to raise up to Rs 5,000 crore through a public issue of non-convertible debentures (NCDs). According to the information available, the base size of the issue is Rs 500 crore and a green shoe option of up to Rs 4,500 crore. The issue has a 15-year tenor and opens on January 16 and closes on January 30. The issue will have an…