Global Medium Term Notes Programme News Today

Government-owned power finance giant REC has recorded an over 6-fold jump to Rs 1,36,516 crore in loans sanctioned for renewable energy projects during 2023-24 compared to the corresponding figure of Rs 21,371 crore in 2022-23, official figures ...

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Maharatna public sector company REC Limited has successfully issued green bonds worth 61.1 billion Japanese Yen which is the largest ever Yen-denominated issue from India, according to an official statement released on Tuesday.The 5-year, ...

The company has issued 5-year, 5.25-year and 10-year Green bonds, under its US$ 10 billion Global Medium Term Notes Programme.

REC Ltd, a state-owned company in India, has raised JPY 61.1 billion (about Rs 3,500 crore) through green bonds. The issuance includes 5-year, 5.25-year, and 10-year bonds under its USD 10 billion Global Medium Term Notes Programme. This marks REC Ltds eleventh venture into the international bond market and the first Yen Green Bond issuance by any Indian PSU. The notes will be used to finance eligible green projects, aligning with RECs commitment to promoting green and clean energy.

The bonds, with tenures of 5 years, 5.25 years, and 10 years, were issued at yields of 1.76 per cent, 1.79 per cent, and 2.20 per cent, respectively, , Green Bonds, REC Group

 Gurugram : REC Limited, a Maharatna CPSE under the Ministry of Power, announced that it has successfully issued its inaugural JPY 61.1 billion 5-year, 5.25-year and 10-year Green bonds issued under its US$ 10 billion Global Medium Term Notes Pr