India's Larsen & Toubro may explore another ESG bond issue after debut attracts premium, spokesperson says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 19 2025
0mins
Source: Reuters
Larsen & Toubro's ESG Bond Issuance: Indian infrastructure firm Larsen & Toubro successfully raised 5 billion rupees ($58 million) through its first-ever environmental, social and governance (ESG) bond issuance at a coupon rate of 6.35%, indicating strong investor interest in credible ESG instruments.
Future Plans for ESG Bonds: The company expressed openness to further fundraising through ESG-linked issuances, contingent on market conditions, highlighting the potential for favorable pricing for issuers with strong sustainability credentials in the ESG bond market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
