Power Grid Corporation of India accepts 20 billion rupees in staggered redemption bonds
Bankers said the company accepted bids for bonds maturing between four years and 10 years, with a 7.74% annual coupon.
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PGC accepts bids for staggered redemption bonds, bankers say
Power Grid Corporation of India NSE:POWERGRID has accepted bids worth 20 billion rupees ($208.37 million) for the sale of staggered redemption bonds maturing between four years and 10 years, three bankers said on Monday.The company will pay an annual coupon of 7.74% and had invited commitment bids…