August 11, 2016 BY Valentina Kirilova

SGX welcomes the world’s first green corporate Masala bond

Singapore Exchange (SGX) has listed the world’s first green corporate Masala bond from NTPC Limited (NTPC), India’s largest energy conglomerate. NTPC raised Rs. 20 billion (USD 300 million) from issuance of this five-year green bond with a coupon rate of 7.375% per annum. Established in 1975, NTPC is India’s largest power utility with an installed capacity…

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