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- In a domestic SLB issued by NDR InvIT, IFC has invested $75 million (₹630 crore).
- This is India’s first warehouse InvIT to issue a sustainability-linked bond (SLB).
- This SLB is the nation’s first to be issued by any InvIT.
- The goal of this strategic investment is to improve sustainable, high-quality warehouse infrastructure.
- The funding is intended to help NDR InvITs expand its storage operations.
- It will support EDGE (Excellence in Design for Greater Efficiencies) Certification, an international green building certification system by IFC.
- NDR InvIT is an Infrastructure Investment Trust (InvIT) sponsored by NDR Warehousing Private Ltd.
- International Finance Corporation (IFC) is a member of the World Bank Group. It was formed in 1956. It is headquartered in Washington, US.
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