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.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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