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
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers I > Headlines for Indian Overseas Bank > News item
Published on 9/17/2018 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Indian Overseas Bank calls Rs. 6.55 billion upper tier 2 bonds

By Sarah Lizee

Olympia, Wash., Sept. 17 – Indian Overseas Bank notified the Bombay Stock Exchange that it exercised its call option on its Rs. 6,553,000,000 series 2 upper tier 2 bonds on Monday.

The company also paid Rs. 724,106,500 of interest on the bonds, according to the notice.

Indian Overseas Bank is a lender based in Chennai, India.


© 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.