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IREDA Raises ₹9.1 Billion Through Privately Placed Tier-II Bonds

The financing will be for a 10-year tenure at an annual coupon rate of 7.74%

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Government-owned lender Indian Renewable Energy Development Agency (IREDA) has raised ₹9.1 billion (~$106.16 million) by issuing privately placed subordinated Tier II bonds.

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