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    Question

    REC Limited has undertaken an exclusive listing of its

    recently issued Green bonds of ______ raised under its Global Medium Term Programme of USD 7 billion at GIFT IFSC Stock Exchanges.
    A USD 1050 million Correct Answer Incorrect Answer
    B USD 750 million Correct Answer Incorrect Answer
    C USD 850 million Correct Answer Incorrect Answer
    D USD 640 million Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    REC Limited has undertaken an exclusive listing of its recently issued Green bonds of USD 750 million raised under its Global Medium Term Programme of USD 7 billion at GIFT IFSC Stock Exchanges.This is the largest ever senior USD tranche by an Indian NBFC (largest ever senior Green Bond Tranche by a South & South-East Asian issuer) and first Green Bond issuance by an Indian Company post India’s G20 Presidency.

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