Signature Global, a property developer, has raised Rs 875 crore from IFC, the lending arm of World Bank, through a private placement of NCDs. The NCDs have an ‘A+’ rating, 11% coupon rate, and a tenure of 3 years and 2 months, and are listed on BSE. The funds will be used for mid-income housing, ESG aligned projects, and reducing existing debt. They have a project pipeline of 17.