New Delhi - In a groundbreaking move for India’s warehousing and logistics sector, International Finance Corporation (IFC) has invested $75 million (INR 6,300 million) in a Sustainability-Linked Bond (SLB) issued by NDR InvIT, an Infrastructure Investment Trust sponsored by NDR Warehousing Private Limited. This SLB, the first of its kind by a warehousing InvIT in India, and the inaugural SLB issuance by any InvIT in the country, underscores a significant milestone in sustainable investment.
The funds raised through the SLB will enable:
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