Power Finance Corp plans Rs 50B bond sale incl. 5- and 10-year tranches
India’s Power Finance Corp (PFC) plans to raise 50 billion rupees ($526.6 million) via bonds maturing in five years and 10 years, with a 40 billion rupee greenshoe option, three bankers said.
India's Power Finance Corp NSE:PFC plans to raise 50 billion rupees ($526.6 million), which includes a greenshoe option of 40 billion rupees, through the sale of bonds maturing in five years and 10 years, three bankers said on Tuesday.The financier has invited coupon and commitment bids from banker…