IRFC

IRFC prices $300 million five-year notes

State-owned Indian Railway Finance Corporation taps the bond market with a tightly controlled deal.
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IRFC aims to ensure that India's proud rail heritage continues
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<div style="text-align: left;"> IRFC aims to ensure that India's proud rail heritage continues </div>

Indian infrastructure companies continue to take advantage of attractive primary market yields and buoyant investor demand by locking in low fixed-rate funding. Yesterday, Indian Railway Finance Corporation (IRFC) launched a small five-year issue, a few days after NTPC raised $500 million to help fund capital spending in the power sector.

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