SBI raises $600 million via 5-year senior unsecured bonds:

Daily Current Affairs / SBI raises $600 million via 5-year senior unsecured bonds:

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Category : Business and economics Published on: January 15 2024

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State Bank of India (SBI), India's largest lender, on January 10 said it has concluded the issuance of $600 million senior unsecured fixed rate notes with maturity of 5 years at a coupon of 5 percent, payable semi-annually, under Regulation-S. This issuance comes after the bank concluded the placement of $250 million senior unsecured green floating rate notes.

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SBI raises $600 million via 5-year senior unsecured bonds: