Published on 7/29/2016 in the Prospect News Emerging Markets Daily.
New Issue: EXIM India sells $1 billion 3 3/8% notes due 2026 at 187.5 bps spread
By Christine Van Dusen
Atlanta, July 29 – Export-Import Bank of India (EXIM India) priced $1 billion 3 3/8% notes due 2026 at 99.933 to yield 3.383%, or Treasuries plus 187.5 basis points, a market source said.
BofA Merrill Lynch, Barclays, Citigroup, JPMorgan and Standard Chartered were the bookrunners for the deal.
Other details were not immediately available on Friday.
Issuer: | Export-Import Bank of India (EXIM India)
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Amount: | $1 billion
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Maturity: | 2026
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Description: | Notes
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Bookrunners: | BofA Merrill Lynch, Barclays, Citigroup, JPMorgan, Standard Chartered
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Coupon: | 3 3/8%
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Price: | 99.933
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Yield: | 3.383%
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Spread: | Treasuries plus 187.5 bps
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Trade date: | July 28
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