Edition:
India

Rural Electrification Corp Ltd (RURL.NS)

RURL.NS on National Stock Exchange of India

156.45INR
19 Jan 2018
Change (% chg)

Rs3.50 (+2.29%)
Prev Close
Rs152.95
Open
Rs153.10
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Volume
5,260,279
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5,745,562
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Mon, Dec 18 2017

Fitch Rates Rural Electrification Corporation's USD400 million Bond 'BBB-'

(The following statement was released by the rating agency) BARCELONA, December 18 (Fitch) Fitch Ratings has assigned Rural Electrification Corporation Limited's (REC) USD400 million bond a long-term 'BBB-' rating. KEY RATING DRIVERS The bond is rated in line with REC's 'BBB-' Long-Term Issuer Default Rating (IDR) as it will constitute REC's direct, unconditional, unsecured obligations. Maturity is in three years and the bond carries a semi-annual coupon of 3.068%. REC will allocate the net proc

BRIEF-Rural Electrification Corp Launches Issue Of $400 Mln 3.068 Pct Notes Due 2020

* SAYS LAUNCHES ISSUE OF $ 400 MILLION 3.068 PERCENT NOTES DUE 2020

BRIEF-India's Rural Electrification Corp Sept-qtr profit down about 31 pct

* Profit in sept quarter last year was 17.51 billion rupees; revenue from operations was 59.57 billion rupees Source text: http://bit.ly/2zAGk00 Further company coverage:

BRIEF-India's Rural Electrification Corp June-qtr profit down 8 pct

* Consensus forecast for June quarter net profit was 14.95 billion rupees

BRIEF-Rural Electrification Corp says article on CAG's statement of co regarding credit appraisal is speculative

* Rural electrification corp ltd clarifies on news item regarding cag stating lack of due diligence by rec, pfc in credit appraisal on loans

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