Allen & Overy acts on the offering of Green Bonds by REC

The REC issued Green Bonds of approximately ₹6,145.5 crores ($750 million) of 5 Years Tenure.

REC India

The Rural Electrification Corporation (REC), a Maharatna CPSE under the Ministry of Power has issued Green Bonds of approximately ₹6,145.5 crores ($750 million) of 5 Years Tenure.

Allen & Overy advised the REC on this offering of green bonds.

The transaction team consisted of Pallavi Gopinath Aney (Partner & Joint Chair of A&O India Group), Alexander Stathopoulos (Partner), Husayn Reza (Counsel) and Khalil Abdulaziz (Legal Assistant).

Pallavi Gopinath Aney and Alexander Stathopoulos

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Allen & Overy

REC

Rural Electrification Corporation

Issue of Green Bonds