KPI Green to Raise ₹6.7 Billion Through Green Bonds Issue

The bonds carry a coupon rate of 8.5% per annum and a tenure of 60 months

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Surat-based renewable energy solutions provider KPI Green Energy’s board of directors has approved the issuance of ₹6.7 billion (~$76.05 million) in secured, listed, rated, senior, redeemable, transferable, non-convertible certified green bonds through a private placement to eligible investors.

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