REC Limited

REC JPY61.bn Green Bond

Borrower(s)
REC Limited
Industry
Renewables/Renewables (other)
Area of finance
Project & Infrastructure Finance
Region
Asia
Asia
Countries
India

Deal Overview

Indian infrastructure finance company REC Limited has issued inaugural yen-denominated green bonds of JPY61.1 billion ($420 million) to finance renewable energy projects. The green bonds were issued with 5-year, 5.25-year, and 10-year tenures. The bonds were issued under REC’s $10 billion...

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Deal Volume
$419.76m
Financial Close
14/01/2024
Dealmakers
Sources

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Tranches

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Project Deals

REC Limited Renewable Project
$419.76m
Greenfield
Renewables (other)
Asia
Asia
India