Day: 20 February 2013

UPDATE - For HUDCO Tax free bonds in Sep 2013- Oct2013, please go to this link Below, post is for HUDCO bonds issue in Feb-Mar-2013 In this week, there is wave of second tranche of Tax free bonds. PFC, HUDCO, REC, IRFCare launching second round (tranche) of tax free bonds, Housing and Urban Development Corporation (Hudco) is targeting to raise up to Rs 2,805 crore through the second tranche of its public issue of tax-free bonds. In the first tranche, which was closed on February 7 2013, the company had raised Rs 2,195 crore. The second tranche would open from Feb 21 and close on March 15. The issue size is Rs 500 crore with an option to retain oversubscription up to Rs 2,805 crore About the Company HUDCO is a techno-financial institution engaged in the financing and promotion of housing ...

In this week, there is wave of second tranche of Tax free bonds. PFC, HUDCO, REC, IRFC are launching second round (tranche) of tax free bonds, REC - Rural Electrification Corporation is targeting to raise up to Rs 2582 crore through the second tranche of its public issue of tax-free bonds. The first tranche was closed in Dec 2012. The second tranche would open from Feb 25 and close on March 15 2012. The issue size is Rs 100 crore with an option to retain oversubscription up to Rs 2,482 crore. About the Company REC is a Navratna Central Public Sector Enterprise under Ministry of Power. Company's main objective is to finance and promote rural electrification projects all over the country. It provides financial assistance to state Electricity Boards, State Government Departments and Rural el...