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PFC Secures Record Foreign Currency Loan of $1.265 Billion

SBI was the largest lender and acted as the facility agent for the deal

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Government-owned Power Finance Corporation (PFC) has announced the closure of its largest-ever foreign currency term loan, raising $1.265 billion. The deal was facilitated through an agreement with multiple banks located in IFSC at GIFT City, Gandhinagar in Gujarat.

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