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.

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