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Prospect News home > News index > List of issuers I > Headlines for Industrial Development Bank of India Ltd. > News item
Published on 7/28/2011 in the Prospect News Emerging Markets Daily.

Industrial Development Bank of India mulls CHF 175 million notes

By Christine Van Dusen

Atlanta, July 28 - Industrial Development Bank of India (IDBI Bank) is mulling a CHF 175 million offering of notes, a market source said Thursday.

The notes could come to the market as soon as August.

This follows the recent news that the company was planning a $250 million issue of seven-year notes, as well as Swiss franc notes, via bookrunners BNP Paribas, Credit Suisse and UBS.

IDBI Bank is a lender based in Mumbai, India.


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