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IREDA Raises $300 Million through Green Masala Bonds

October 16, 2017

/ Saumy Prateek
/ Finance and M&A, Solar
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The Indian Renewable Energy Development Agency (IREDA) raised $300 million (~₹19.5 billion) through the issuance of Green Masala Bonds on the Singapore Exchange (SGX). The agency issued a five-year green rupee-denominated bond, offering an annualized coupon rate of 7.125 percent.

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Saumy Prateek

More articles from Saumy Prateek.
Green BondsGreen Masala BondsIREDARenewable EnergySGXSingapore ExchangeSolar
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