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Prospect News home > News index > List of issuers O > Headlines for Oriental Bank of Commerce > News item
Published on 10/22/2014 in the Prospect News Emerging Markets Daily.

Oriental Bank of Commerce prices Rs. 10 billion 9.2% tier II bonds

By Jennifer Chiou

New York, Oct. 22 – Oriental Bank of Commerce informed the Bombay Stock Exchange that it received orders for a full Rs. 10 billion of 9.2% tier II bonds due 2024 in the offering that opened on Oct. 14 and finished on Tuesday.

The deal included a Rs. 2.5 billion greenshoe.

Settlement is expected on Oct. 27.

The state-run bank is located in New Delhi.


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