Hero Future Energies (HFE), the renewable energy arm of the Hero group, received orders worth $3 billion in its first green bond issuance in the overseas markets. The company, through its subsidiary Clean Renewable Power (Mauritius), received the orders and priced at a coupon rate of 4.25 per cent for a six-year maturity period. The […]
Fitch rates Clean Renewable Power’s proposed USD notes first-time BB-minus
The entities will use proceeds of INR ECB bonds primarily to refinance existing indebtedness and to repay or extend inter-corporate loans to the parent along with general corporate purposes. Singapore: Fitch Ratings on Monday assigned Clean Renewable Power (CRP) Mauritius Pte Ltd’s proposed US dollar senior secured notes due 2027 an expected rating of BB-minus […]
