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Vivriti Capital Secures USD 25 Million from ADB for Climate Finance

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By Rediff Money Desk, Mumbai   Sep 30, 2024 21:29

Vivriti Capital secures USD 25 million from ADB for climate finance, marking the first certified climate bond issuance by a private-sector NBFC in India. The senior secured debt facility has a four-year tenor.
Vivriti Capital Secures USD 25 Million from ADB for Climate Finance
Mumbai, Sep 30 (PTI) Non-bank lender Vivriti Capital on Monday said it has borrowed USD 25 million from the Asian Development Bank (ADB) for climate finance.

The senior secured debt facility has a four-year tenor and is the maiden certified climate bond issuance by a private-sector NBFC in India, as per an official statement.





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Source: PTI
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