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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 Ltd's 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 REC's 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

The Capital Markets lawyers of Clifford Chance Badea, the local office of global law firm Clifford Chance, have been involved in deals with a combined value of over EUR 15 billion in the past 12 months, advising on all major mandates launched in Romania, as well as a series of complex transactions at global level.