News
30 September 2024

REC raises $500m from green dollar bond

Region:
Asia-Pacific

Indian state-owned REC Ltd has raised $500 million through green dollar bonds to support various renewable energy projects.The 5-year note has a coupon rate of 4.75% and a maturity date of September 27, 2029. Proceeds will be used to finance eligible green projects, in accordance with REC's...

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