By Reshmi Basu
New York, July 26 - Vijaya Bank said it sold Rs 2.5 billion of tier II bonds to bear a coupon of 9¼%.
The private placement of the tier II debt began on July 20 and was closed on Tuesday, after receiving full subscription.
Vijaya Bank is a financial institution based in Bangalore, India.
| Issuer: | Vijaya Bank
|
| Amount: | Rs. 2.5 billion
|
| Issue: | Tier II bonds
|
| Coupon: | 9¼%
|
| Announcement date: | July 26
|
|
|
© 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.
