REC to raise $300-$500 million in Yen-denominated green bonds
"We plan to start roadshows in the second half of November to raise $300-500 million. The issuance will happen after that, depending on the response," said Vivek Kumar Dewangan, chairman and managing director, REC Ltd, adding that the company expects the coupon rate to be in the range of 6% compared to the company's overall borrowing cost of 7.23%
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