SBI raises $600 million from dollar bonds:

Daily Current Affairs / SBI raises $600 million from dollar bonds:

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Category : Business and economics Published on: January 13 2024

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State Bank of India (SBI)said it has concluded the issue of USD 600 million senior unsecured fixed rate notes having maturity of 5 years at a coupon of 5 per cent, payable semi-annually, under Regulation-S.
This fundraising comes on the heels of the bank concluding placement of USD 250 million senior unsecured Green floating rate notes, referred to as “The Green Notes.”

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SBI raises $600 million from dollar bonds: