Cyril Amarchand Mangaldas advised the Bankers, namely, BNP Paribas; DBS Bank Limited; The Hongkong and Shanghai Banking Corporation Limited, India; MUFG Securities Asia Limited; State Bank of India UK (London Branch); and Standard Chartered Bank in relation to the USD 500 million offshore fundraising by Indian Railway Finance Corporation Limited (IRFC) by way of foreign currency Climate Bonds, under its USD 7 billion Global Medium-Term Note Programme (MTN Programme).