Page 4 - Green Bonds

India share of global green bonds off highs despite record issuance in 2021

The money raised in 2021 is 58.1% higher than $4.3 billion raised in 2017. A lower share would indicate that other countries have been making more use of the mechanism

India scurries on green bond plans to secure energy needs ahead of Europe

Both regions seek to attract big money to build renewable capacity and prune reliance on Russian gas following the outbreak of the Ukraine war

Philippines offers at least $500 mn green bonds to European investors

The Southeast Asian country aims for a 75% reduction in greenhouse gas emissions by 2030 under its commitment to the Paris Agreement on Climate Change

Green bonds to be rupee-denominated with long tenure: DEA secy

FM Nirmala Sitharaman in her Budget Speech announced that the government proposes to issue sovereign green bonds to mobilise resources for green infrastructure

Decoded: What are sovereign green bonds, and why are they called so?

Both markets and environmentalists have been a thumbs-up to the Budget 2022 proposal to issue Sovereign Green Bonds. What are these bonds, and why are they called green?

TMS, Ep 100: Cryptocurrency tax, defence industry, markets, and green bonds

How will new tax rules impact crypto investors? How will the domestic defence industry get a fillip? Why are bond yields rising after Budget 2022? Get answers to these questions in today's episode

Union Budget 2022-23: Green bond push likely to bring in investors

Green bonds are regular bonds but their proceeds are used for financing environmentally-sustainable projects.

Budget bets big on public infra: Subsidy bill falls as Covid concern eases

FM slashes Customs exemptions again, this time on capital goods

Reliance raises $736 mn in green loan to fund REC Solar acquisition

The loan is a rare acquisition financing from RIL which opted for term loans instead of a short-term bridge facility

European Union launches first green bond with record size, demand

Up to € 250 billion of issuance could transform the EU into the biggest green bond issuer

EU pulls in record $156 billion orders for debut green bond

The bloc registered more than 135 billion euros ($156 billion) in orders Tuesday for a sale of 12 billion euros of securities maturing in 2037.

Fitch rates Power Finance Corporation's proposed EUR green bond BBB-minus

Fitch Ratings has assigned Power Finance Corporation's (PFC's) proposed Regulation S senior unsecured euro green bond a rating of BBB-minus.

Adani Green raises $750 million from Green Bonds, coupon set at 4.375%

Funds will be utilised towards equity funding of the capex for underlying renewable projects under construction by AGEL

Vector Green's subsidiaries to raise Rs 1,237 crore in green bonds

The 6 subsidiaries of Vector that are issuing the bonds are Malwa Solar Power Generation, Sepset Constructions, Rattanindia Solar, Yarrow Infra, Citra Real Estate, and Priapus Infra

Asia's ESG bond issuances hit record $69 billion this year, no let-up seen

Bankers say the trend will continue

Pakistan plans to raise $500 million from first green bond sale

Pakistan Water and Power Development Authority, known as Wapda, is looking to sell a 10-year note this month, and intends to offer more environmentally-friendly debt over the next two years

JSW Hydro Energy raises $ 707 million via green bonds overseas

JSW Energy on Tuesday said that its arm JSW Hydro Energy has raised USD 707 million through green bonds abroad. "JSW Hydro Energy raises USD 707 million from international bond markets through debut Green Bond Issue under 144A / Reg S format," a JSW Energy statement said. According to statement, JSW Hydro Energy has priced the fixed rate senior secured green 144A/Reg S Bond for a 10-year tenor at 4.125 per cent. The proceeds from the issuance will be used towards repayment of existing green project-related rupee-denominated indebtedness, it said. The green bond framework for the company's debut bond transaction has been reviewed by Sustainalytics, who has issued a second party opinion. The company engaged with several investors on a global deal roadshow across Hong Kong, Singapore, London, New York and Los Angeles. Backed by an extremely strong investor feedback, the transaction was launched with an initial price guidance of 4.500 per cent area and tightened by 37.5 bps (basis po

JSW Hydro Energy raises $707 million in debut 10-year green bond issue

Offer generates good response, closes at much lower rate than initially guided

JSW Hydro Energy to issue USD-denominated notes in overseas markets

JSW Energy on Tuesday said its arm JSW Hydro Energy will issue USD-denominated notes (green bonds) in overseas markets to raise funds

India Inc and climate: Janet Yellen's voice will boom louder John Kerry's

The aim: ensure banks and insurers across the globe adhere to "climate-responsible financing", thereby making it costlier for India and China to finance their fossil fuel needs