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MARKETS-ECONOMIC TIMES · INDIAN ·

India's first blue bond set for launch next week: Report

As reported by Markets-Economic Times
Sagarmala Finance Corporation plans its maiden blue bond issuance on September 28. The company aims to raise six billion rupees for maritime sector projects. These funds will support port development and coastal road networks. SBI Capital Markets is arranging the issue, which is rated AA+ by Icra and Care. Investors will submit coupon and commitment bids on Monday.
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