Mumbai, June 12 -- BSE's international arm, India International Exchange (India INX) on Wednesday unveiled its exclusive Green listing and trading platform simultaneously with issuance and listing of USD500Mn Green Bonds of 3 subsidiaries of Adani Green Energy Limited.
This is the first issuance by a private non-banking company on Global Securities Market (GSM). GSM Green will serve as platform for fund raising and trading green, social and sustainable bonds exclusively.
Adani Green Energy raised USD500 million at a coupon of 6.25 per cent in an overseas debt sale for which the company obtained subscriptions about three times more than bonds on offer, amongst which 77 per cent and 19 percent were distributed to Fund Managers and Insurers...