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Power Finance Corporation Ltd.
BSE: 532810 | NSE: PFC
Large Cap | Finance Term Lending
372.60
-2.85 (-0.76%) PFC issues India’s first-ever Euro Green Bond
Date: 16-09-2021Power Finance Corporation (PFC) has successfully issued its maiden Euro 300 million 7-year Euro Bond issuance. The pricing of 1.841% achieved is the lowest yield locked in by an Indian Issuer in the Euro markets.
It is the first ever Euro denominated Green bond issuance from India. Moreover, it is the first ever Euro issuance by an Indian NBFC and the first Euro bond issuance from India since 2017.
PFC is central PSU under Ministry of Power and India's leading NBFC.