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 B > Headlines for Bank of India > News item
Published on 12/23/2015 in the Prospect News Emerging Markets Daily.

Bank of India to raise Rs. 15 billion in tier II bond issue

By Tanya Meyer

Chicago, Dec. 23 – The Bank of India has informed the Bombay Stock Exchange that it plans to issue Rs. 15 billion in unsecured, redeemable, non-convertible, Basel III compliant tier II bonds.

The bonds will be issued with a greenshoe option for an additional Rs. 15 billion, according to a news release.

The Bank of India is a Mumbai-based corporate banking and financial services company.


© 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.