Energy Finance Company (PFC), a public sector listed firm that funds energy infrastructure initiatives, plans to boost Rs 500 billion from the debt capital marketplace for refinancing present debt and additional financing.
PFC introduced that the essential challenge quantity can be Rs 500 crore with an possibility to boost the remaining Rs 4,500 crore later. The general public debt challenge will include secured, taxable, callable non-convertible debentures (NCDs) of face worth ₹1,000 every. The face worth of zero coupon bonds is ₹100,000 every. NCDs are rated AAA by credit standing businesses. NCD can be listed on the Nationwide Inventory Alternate (NSE).
The minimal utility measurement for bonds is ₹10,000 (10 NCD tons) and thereafter in multiples of Rs. 1,000 of them. This is applicable solely to Sequence I, II, and IV bonds. Sequence III is a zero-coupon bond that may be bought in single tons. Sequence 1 matures in 5 years, Sequence 2 in 10 years, Sequence 3 in 121 months, and Sequence 4 and Sequence 5 in 15 years. The coupon charge is the mounted rate of interest that the bondholder will obtain. As the worth or worth of a bond declines, its efficient yield, which is the precise return a brand new investor in a bond would earn if held to maturity, will increase. The coupon charge itself stays unchanged. The true yield for various classes of NCD holders ranges from 6.85% to 7.30% every year. Buyers can apply for bond issuance from January 16, 2026 to January 30, 2026.
