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PFC lists 300 million euro green bonds on Luxembourg Stock Exchange

02 Jun 2022 Evaluate

Power Finance Corporation (PFC) has successfully listed its maiden 300 million euro 1.841 per cent euro green bonds on Luxembourg Stock Exchange (LSE), which is the largest green bond listing platform. The listing has been done under the co-operation agreement signed between India INX and LSE, which encompasses areas of mutual interest in Green bonds and ESG space.

In 2021, PFC had announced issuing bonds worth 300 million euros for seven years, with which it forayed into the European markets for the first time.

PFC is central PSU under Ministry of Power and India's leading NBFC.

Peers
Company Name CMP
Power Finance Corpn. 347.00
REC 313.20
NHIT 171.00
Satin Creditcare Net 217.45
IFCI 75.08
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