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PFC raises ₹4,875 cr through issuance of two bonds
Financial Express Chandigarh
|June 22, 2025
STATE-RUN POWER FINANCE Corporation (PFC) has raised ₹4,875 crore via reissuance of two bonds maturing in two years and five years on Friday.
The cut-off yield for the 6.27% 2027 bonds and 6.64% 2030 bonds were 6.60% and 6.84%, respectively, according to bond dealers. The cut-off yields were higher than the expected level, they said. PFC planned to raise up to ₹5,000 crore, with a base size of ₹500 crore and green-shoe option of ₹2,000 crore through each bond.
This story is from the June 22, 2025 edition of Financial Express Chandigarh.
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