REC lights up for $400m loan in general

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REC lights up for $400m loan in general

Shruti Chaturvedi
April 08, 2015 06:45 am
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High-voltage wires and transformers. Electrical distribution station | Deyan Georgiev/Deyan Georgiev - Fotolia

Rural Electrification Corp’s (REC) $400m five year fundraising has entered general syndication. The three mandated lead arrangers and bookrunners prefunded the loan in mid-March.

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Shruti Chaturvedi
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