Green bonds are fixed-income securities that raise capital for projects with environmental benefits, such as renewable energy or low-carbon transport LONDON: Moody’s said on Tuesday it had lowered its estimate for green bond issuance this year to $175 billion to $225 billion, down from its previous forecast of $300 billion, due to the economic effects […]
NTPC to raise Rs 4,374.10 crore via bonds on Thursday
The bonds are proposed to be listed on both National Stock Exchange and BSE. Bond Trust Deed for these bonds will be duly executed as per the requirements of and within the period of time prescribed under, the Companies Act and rules specified therein New Delhi: State-run power giant NTPC on Monday said it will […]
Adani Green arms to raise $500 million via dollar denominated bonds
The bonds will be allotted on June 10, 2019 and those will mature on December 10, 2024. New Delhi: Adani Green Energy Friday said the boards of its three subsidiaries have approved the pricing, tenure and other terms for issuing dollar denominated bonds worth USD 500 million ( about Rs 3,490 crore). According to a […]
Adani Green Energy bonds subscribed three times
The instruments would mature in five and a half years. Mumbai: Renewable power company Adani Green EnergyNSE -2.91 % raised $500 million in an overseas debt sale for which the company obtained subscriptions about three times more than bonds on offer. Eastspring, Harvest, Manulife, Payden, Lazard Masfi, and Morgan Stanley were among the investors that […]
PTC Financial Services partners UKCI, DFID for India’s first green fund
PFS separately raised a loan of Rs 1,000 crore from SBI for a 10-year tenure, linked to the marginal cost of funds-based lending rate PTC Financial Services (PFS) is setting up India’s first infrastructure development debt fund, solely for renewable energy projects, in partnership with UK Climate Investments LLP (UKCI) and Department for International Development (DFID), UK. The company […]