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REC on fund-raising spree

  • 10:01
  • Published On: January 21, 2011
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REC chairman JM Pathak talks on the company's borrowing programmes. The company is raising $500 million, selling bonds at a fixed coupon of 4.25 per cent, which is lowest ever from an Indian issuer. The company will also raise $200 million through ECBs.

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