INSUBCONTINENT EXCLUSIVE:
charred by COVID19 outbreak.
The transaction reinforces that investors still bet on sovereign-backed issuances from emerging markets like
We at SBI have adopted the green bond framework with an objective to create a positive impact on the environment.
Japan-headquartered MUFG
Securities has solely helped the lender for this issuance.
Those bonds have been priced after adding 80 basis points over three-month
London-Interbank Offered Rate, which is now at about 1.450 percent, two people familiar with the matter told ET
This will be floating rate bonds.
The proceeds will be used to fund non-convention energy sector
This is the third set of green bonds the government-backed bank offered, said one of the persons cited above.
The bonds will be issued
already two Climate Bond Initiative Certified Green Bonds issuances aggregating USD 700 Million.
Rating company Fitch graded the issuance
this financial year that is going to end next four days.