L&T Pioneers Indian ESG Bond Issuance

  Published 1 year ago

Larsen & Toubro has issued a Rs 500 crore ESG bond, the first by an Indian corporate under SEBI’s new framework. HSBC arranged the deal, tied to L&T’s water neutrality (2035) and carbon neutrality (2040) goals.

  • First Indian corporate ESG bond under SEBI.
  • HSBC is the sole lead arranger.
  • Targets water & GHG emission reductions.

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