Jain Irrigation goes green with bond debut

The dollar green bond market is now open for the year, after Indian company raises $200 million.

Jain Irrigation Systems, an Indian manufacturer of agricultural irrigation system and plastic products, raised $200 million from a five non-call three-year bond this week, becoming the first Asian issuer to sell a green bond in the dollar market this year.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media