Published on 3/26/2013 in the Prospect News Emerging Markets Daily.
New Issue: Export Import Bank of India sells A$200 million 5.76% notes due 2018 at par
By Christine Van Dusen
Atlanta, March 26 - Export Import Bank of India sold A$200 million five-year notes (Baa3/BBB-/) at par to yield 5.76%, or mid-swaps plus 210 basis points, a market source said.
ANZ and Deutsche Bank were the bookrunners for the deal.
The financial institution is based in Mumbai.
Issuer: | Export Import Bank of India
|
Amount: | A$200 million
|
Maturity: | April 5, 2018
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Description: | Notes
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Bookrunners: | ANZ, Deutsche Bank
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Coupon: | 5.76%
|
Price: | Par
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Yield: | 5.76%
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Spread: | Mid-swaps plus 210 bps
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Trade date: | March 26
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Settlement date: | April 5
|
Ratings: | Moody's: Baa3
|
| Standard & Poor's: BBB-
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