Power Finance Corporation Limited (PFC) — Announcement | 10 July 2026

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📢 Key Event
PFC prices $3bn floating rate notes due 2029

💡 Investor Takeaway
The new debt issuance increases PFC's funding capacity and may affect its leverage ratio and future interest expense.

Power Finance Corporation Limited announced the pricing of $3 billion floating rate notes due 2029 under its U.S. dollar medium term note programme, with a coupon of SOFR + 110 basis points payable quarterly in arrears, settlement expected on 16 July 2026, and proceeds earmarked for external commercial borrowing per RBI guidelines.

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About Power Finance Corporation Limited (PFC)

Financial Services · Finance · Listed on NSE

Market Cap: ₹1,47,102.04 Cr P/E: 5.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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