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PFC Gets Govt Nod To Raise ₹10,000 Cr
Mint New Delhi
|March 13, 2025
Power Finance Corp. (PFC) has received government approval to raise up to ₹10,000 crore ($1.15 billion) through a rarely used corporate bond structure.
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PFC can raise these funds with a maturity of 10 years and one month until the end of March 2027 by issuing deep-discount zero-coupon bonds, a government document showed on Tuesday.
This story is from the March 13, 2025 edition of Mint New Delhi.
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