Power Finance Corporation (PFC) issues India’s first-ever Euro Green Bond
- The leading power sector NBFC, Power Finance Corporation Ltd (PFC), successfully issued its maiden Euro Green Bond on September 13, 2021.
- The 7 -year Euro 300 million Bond has been priced at 1.841 percent.
- This Euro Green Bond is first ever Euro denominated Green bond issuance from India.
- It is also the first ever Euro issuance by an Indian NBFC.
Points to Remember:
- India’s first Euro denominated Green bond has been issued by which company?
- What is the size and maturity period of the bond?
Source: Business Standard