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Rural Electrification Corp Ltd (RURL.NS)

RURL.NS on National Stock Exchange of India

144.00INR
14 Dec 2017
Change (% chg)

Rs-1.75 (-1.20%)
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Rs145.75
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Wed, Dec 13 2017

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

BRIEF-India's Rural Electrification Corp launches issue of $450 mln 3.875% notes due 2027

* Says launched an issue of U.S.$450 million 3.875% notes due 2027, priced on June 29, 2017.

Fitch Rates Rural Electrification Corporation Limited's Upcoming Bond 'BBB-(EXP)'

(The following statement was released by the rating agency) BARCELONA, June 22 (Fitch) Fitch Ratings has assigned Rural Electrification Corporation Limited's (REC) upcoming USD300 million bond an expected long-term 'BBB-(EXP)' rating. The assignment of the final rating on the bond is contingent upon the receipt of final documents conforming to information already received and details regarding the amount, coupon rate and maturity. KEY RATING DRIVERS The bond is rated in line with REC's Long-Term

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