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India’s 1st Euro Green Bond
September 21 , 2021
1164 days
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- Power Finance Corporation Ltd (PFC) has issued its first Euro 300 million 7-year Euro Bond.
- It is the leading Non-Banking Financial Company (NBFC) in power sector of India.
- It is the first ever Euro denominated green bond issuance from India.
- It is the first ever Euro issuance by an Indian NBFC.
- It is also the first Euro bond issuance from India since 2017.
- Green bond is a fixed-income instrument designed specifically to support specific climate-related or environmental projects.
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