Power Finance Corporation (PFC) plans to raise up to 5,000 crore through a public issue of non-convertible debentures (NCDs), opening January 16 and closing January 30. The issue has a base size of 500 crore with a greenshoe option of 4,500 crore, offering coupon rates between 6.85% and 7.30% for maturities ranging from 5 to 15 years. These AAA-rated bonds will list on the NSE and aim to refinance existing debt and fund further lending, following earlier scrapped private placements due to market volatility.