JSW Hydro Raises $707 Million in Green Bonds
Proceeds of the green bond will be used for repaying existing green project-related loans
May 11, 2021
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JSW Hydro Energy, a wholly-owned subsidiary of JSW Energy — has raised $707 million (~₹52 billion) through its green bond sale. The financial committee of the company’s board of directors approved the issuance of the U.S. dollar-dominated senior secured notes. Further, the pricing, tenure, and other terms of the notes have also been approved.