IFC invests  ₹860 cr in India’s first sustainability bonds issued by Cube InvIT

IFC invests ₹860 cr in India’s first sustainability bonds issued by Cube InvIT

Source: Live Mint NEW DELHI : International Finance Corporation (IFC), the private sector arm of the World Bank, has invested ₹860 crore ($98.35 million) in India’s first sustainability-linked bond (SLB) issue in the highways sector. Issued by Cube Highways Trust (Cube InvIT), one of India’s largest road sector-focussed infrastructure investment trusts (InvITs), sustainability-linked bond is…

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