PFC raises USD 300 mn via bonds carrying floating interest rates
Published on: July 15, 2026, 6:42 p.m. | Source: The Economic Times
Power Finance Corporation has successfully secured USD 300 million via floating rate notes set to mature in July 2029. These instruments adhere to the Reserve Bank of India's guidelines for external borrowing. The funds raised will be allocated effectively in accordance with these regulations, with the bonds slated for listing on NSE IFSC and India INX, thereby enhancing PFC's international market engagement and funding capabilities.
