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The Economic Times
The Economic Times

India's first blue bond set for launch next week: Report

India's first maritime lender, Sagarmala Finance Corporation, plans to raise funds through the country's maiden blue bond on September 28, its top executive said.

The lender aims to raise 6 billion rupees ($62.62 million), including a greenshoe option of 5 billion rupees, through the sale of 10-year bonds, a provisional term sheet showed.

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