New Delhi, April 28 -- April 28 REC Limited has successfully raised Rs 5,000 crore through the issuance of bonds. The offering included Rs 3,000 crore through 5-year bonds at coupon of 6.87 % and Rs 2,000 crore through 10-year bonds at coupon of 6.86 %.

The bond issuance witnessed an overwhelming response from market participants, reflecting strong investor confidence in the company's robust financial position and growth prospects.

The bonds have been assigned a "AAA" rating by prominent credit rating agencies - CARE Ratings, ICRA, and India Rating & Research Pvt Ltd (IRRPL) - signifying the highest degree of safety regarding timely servicing of financial obligations.

The bonds will be listed on both the Bombay Stock Exchange (BSE) an...