{"id":435454,"date":"2021-09-13T08:49:09","date_gmt":"2021-09-13T03:19:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=435454"},"modified":"2021-09-13T10:26:32","modified_gmt":"2021-09-13T04:56:32","slug":"fitch-rates-power-finance-corporations-proposed-eur-green-bond-bbb-minus","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fitch-rates-power-finance-corporations-proposed-eur-green-bond-bbb-minus\/","title":{"rendered":"Fitch rates Power Finance Corporation&#8217;s proposed EUR green bond BBB-minus"},"content":{"rendered":"<p>Fitch Ratings has assigned Power Finance Corporation&#8217;s (PFC&#8217;s) proposed Regulation S senior unsecured euro green bond a rating of BBB-minus.<\/p>\n<p>The proposed bond will be issued from PFC&#8217;s existing global medium-term note programme. The net proceeds of the bond will be lent to eligible green projects in accordance with the company&#8217;s green bond framework. <\/p>\n<p>The programme size was raised to USD 8 billion in August from USD 5 billion previously. The increase did not affect the programme&#8217;s BBB-minus rating which was last affirmed on May 26.<\/p>\n<p>Fitch said both the programme and the bond rating are aligned with PFC&#8217;s issuer default rating as the bond will constitute direct, unconditional,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fitch Ratings has assigned Power Finance Corporation&#8217;s (PFC&#8217;s) proposed Regulation S senior unsecured euro green bond a rating of BBB-minus. The proposed bond will be issued from PFC&#8217;s existing global medium-term note programme. The net proceeds of the bond will be lent to eligible green projects in accordance with the company&#8217;s green bond framework. The programme size was raised to USD 8 billion in August from USD 5 billion previously. The increase did not affect the programme&#8217;s BBB-minus rating which was last affirmed on May 26. Fitch said both the programme and the bond rating are aligned with PFC&#8217;s issuer [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-435454","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/435454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=435454"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/435454\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=435454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=435454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=435454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}