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PFC Shelves Deep-Discount Bond Plan
Mint New Delhi
|May 01, 2025
Power Finance Corp. (PFC) was forced to shelve its plan to raise ₹3,500 crore through zero-coupon, deep-discount bonds after weak investor appetite led to unattractive pricing, merchant bankers said.
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Power Finance Corp. (PFC) was forced to shelve its plan to raise ₹3,500 crore through zero-coupon, deep-discount bonds after weak investor appetite led to unattractive pricing, merchant bankers said. The state-run company's plans included a ₹2,900 crore greenshoe option. The bonds
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