Daily News Analysis

First Ever Euro Green Bond

20th September, 2021 Economy

Figure 1: No Copyright Infringement Intended

Context:

  • Power Finance Corporation Ltd (PFC), the leading NBFC in power sector, has successfully issued its maiden Euro 300 million 7-year Euro Bond.

Details:

  • It is the first ever Euro denominated Green bond issuance from India.
  • Moreover, it is the first ever Euro issuance by an Indian NBFC and the first Euro bond issuance from India since 2017.