- Greenko Investment Company has issued $500 million 4.875% senior notes due 2023 that are guaranteed by Greenko Energy Holdings—an operator of clean energy projects in India—on a senior basis.
- The offering is India’s first high yield green bond issuance and addresses the financing needs of Greenko Energy Holdings’ Indian operating subsidiaries.
- The notes are listed on the Singapore Exchange, and Deutsche Bank, Investec, JPMorgan, Morgan Stanley and UBS were the joint bookrunners and joint lead managers.
- Greenko Investment Company is an indirect subsidiary of Greenko Energy Holdings, which has a portfolio of hydropower, wind and thermal projects with a combined installed capacity of over 1.0GW.
Adam Majeed - Regional editor