Published on 3/28/2005 in the Prospect News Emerging Markets Daily.
New Issue: India's Dena Bank prices Rs. 1.25 billion 7.3% bonds
New York, March 28 - Dena Bank priced Rs. 1.25 billion of 7.3% redeemable subordinated tier II bonds.
The offering has a greenshoe of Rs. 1 billion.
Dena Bank is a Mumbai, India-based bank.
| Issuer: | Dena Bank
|
| Issue: | Redeemable subordinated tier II bonds, series VIII
|
| Amount: | Rs. 1.25 billion
|
| Greenshoe: | Rs. 1 billion
|
| Coupon: | 7.3%
|
| Maturity: | 109 months
|
| Ratings: | CARE: A+
|
| Pricing date: | March 29
|
| Settlement date: | March 31
|
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