PRICING OF USD 500 MILLION 2.25% FIXED RATE SENIOR UNSECURED DOLLAR NOTES OF 5.5 YEAR TENOR BY REC LIMITED
New Delhi, 23rd February 2021: REC Limited (formerly known as “Rural Electrification Corporation Limited”) has successfully raised USD 500 million 5.5-year Reg-S only bond issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to