Moody's Investors Service has assigned a Baa3 rating to the proposed USD benchmark senior unsecured notes drawdown, issued by Export-Import Bank of India from its USD 6 billion medium-term note programme through its head office in India.

This is a Green Note as the proceeds will be used to fund Eligible Green Projects. The proposed notes are expected to have a tenor of five years and will be listed on the Singapore Exchange Securities Trading (SGX-ST). The ratings outlook is stable.