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Prospect News home > News index > List of issuers P > Headlines for Punjab & Sind Bank > News item
Published on 11/23/2016 in the Prospect News Emerging Markets Daily.

India’s Punjab & Sind Bank plans Rs. 5 billion sale of tier 2 bonds

By Susanna Moon

Chicago, Nov. 23 – Punjab & Sind Bank notified the Bombay Stock Exchange that it plans to price up to Rs. 5 billion of bonds in a private placement.

The issue will be Basel 3-compliant tier 2 bonds (Care: AA; Crisil: AA), according to the notice.

Punjab & Sind is a government-owned bank based in New Delhi.


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