Government-owned infrastructure financier, The India Infrastructure Finance Company Limited (IIFCL) announced the issuance of India´s first infrastructure bond, credit-enhanced by it.
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ISSUANCE OF BONDS CREDIT ENHANCED BY IIFCL
The India Infrastructure Finance Company Limited (IIFCL) announced the issuance of India?s first infrastructure bond issuance Credit Enhanced by it. The rating of these bonds has been enhanced based on first-loss partial credit guarantee by IIFCL under its Credit Enhancement Scheme.