E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 8/13/2009 in the Prospect News Emerging Markets Daily.

New Issue: India's Corporation Bank completes Rs. 1 billion sale of tier I bonds

By Devika Patel

Knoxville, Tenn., Aug. 13 - Corporation Bank informed the Bombay Stock Exchange that it has issued Rs. 1 billion in tier I bonds.

The bonds were priced at par.

Other details of the offering were not disclosed.

The government-controlled investment and retail bank is based in Pandeshwar, India.

Issuer:Corporation Bank
Issue:Tier I bonds
Amount:Rs. 1 billion
Price:Par
Pricing date:Aug. 11

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.