Can you tell me about the recent green bonds issued by JSW Energy?

The first green bond issue by JSW Hydro Energy got subscribed 4 times. To add to it, the final discovered yield payable was also much lower than originally anticipated. JSW Hydro raised $707-million through the issue 10-year green bonds. The original yield indicated was 4.5% but the issue closed at a much more attractive level of 4.125%.

Green bonds are just about picking up in India and they represent the funds that are raised for sustainable green projects and tend to attract a fairly large market globally.