{"id":436616,"date":"2021-09-17T11:29:24","date_gmt":"2021-09-17T05:59:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=436616"},"modified":"2021-09-17T13:33:38","modified_gmt":"2021-09-17T08:03:38","slug":"pfc-first-indian-entity-to-issue-euro-green-bond","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pfc-first-indian-entity-to-issue-euro-green-bond\/","title":{"rendered":"PFC first Indian entity to issue Euro green bond"},"content":{"rendered":"<p>NEW DELHI: State-run power sector lender PFC became the first Indian entity to launch Euro-denominated green bond with a \u20ac300-million (about $352 million) issuance that was oversubscribed by 2.6 times by institutional investors across Asia and Europe, the company said in a statement on Thursday. <\/p>\n<p>It is also the first Euro issuance by an Indian NBFC (non-banking finance corporation) and the first Euro bond issuance from India since 2017, company claimed. <\/p>\n<p>The pricing of 1.8% achieved is the lowest yield locked in by an Indian issuer in the Euro markets, the company added. <\/p>\n<p>\u201cThe bond issue would help PFC in diversifying its currency book and the investor base,\u201d the statement quoted company CMD R. S. Dhillon as saying.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: State-run power sector lender PFC became the first Indian entity to launch Euro-denominated green bond with a \u20ac300-million (about $352 million) issuance that was oversubscribed by 2.6 times by institutional investors across Asia and Europe, the company said in a statement on Thursday. It is also the first Euro issuance by an Indian NBFC (non-banking finance corporation) and the first Euro bond issuance from India since 2017, company claimed. The pricing of 1.8% achieved is the lowest yield locked in by an Indian issuer in the Euro markets, the company added. \u201cThe bond issue would help PFC in [&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":[130,246,137],"tags":[],"class_list":["post-436616","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/436616","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=436616"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/436616\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=436616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=436616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=436616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}