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PFC revives plan to raise $1 bn
Power Finance Corporation (PFC) has revived its plan to raise $1 billion via medium-term notes (MTN). The power sector lender, which had deferred its MTN plan in November, is looking to roadshows this month to raise funds. PFC chairman and managing director Satnam Singh said the corporation spoke to the merchant bankers on Friday regarding the MTN issue. “The global economic situation has slightly
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