IFC anchors first sustainability-linked bond issued by NDR InvIT Trust to bolster green warehousing

IFC has invested $75 million in NDR InvIT's sustainability linked bond (SLB), marking the first such investment in India's warehousing sector. The funds will be used to expand warehousing operations, enhance infrastructure, and promote sustainable practices. This investment aligns with India's growing demand for warehousing space and its focus on sustainable development.