India's Canara Bank taps seven banks for dollar notes, roadshow

By Christine Van Dusen

Atlanta, May 23 - India's Canara Bank has mandated BofA Merrill Lynch, Barclays, BNP Paribas, Citigroup, Credit Agricole, HSBC and JPMorgan for a roadshow beginning on May 27, a market source said.

The roadshow will be held in Singapore, Hong Kong and London.

A Regulation S offering of dollar-denominated notes may follow.

Bangalore-based Canara Bank ranks as the fifth-largest public sector bank in India in terms of total assets.

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