Home Top News and Stories Business News Headlines PFC to raise up to Rs 10,000 crore in two tranches via NCDs

PFC to raise up to Rs 10,000 crore in two tranches via NCDs

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PFC to raise up to Rs 10,000 crore in two tranches via NCDs

The tranche one issue will have a base size of Rs 500 crore with a greenshoe option to retain oversubscriptions of up to Rs 4500 crore. Bonds will have a tenure of 3, 5, 10 and 15 years with coupon rates ranging between 4.65% per annum for three-year bond and 7.15% for 15-year bond.