IREDA Issues Perpetual Bonds to Raise ₹12.47 Billion

The annual coupon rate for the bonds is 8.4%

March 20, 2025

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Government-owned lender Indian Renewable Energy Development Agency (IREDA) has issued its first-ever perpetual bonds worth ₹12.47 billion (~$144.5 million) at an annual coupon rate of 8.4%.

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Tina Freese

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IREDA Issues Perpetual Bonds to Raise ₹12.47 Billion

Continue Reading with Premium Access

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