SBI raises $500 million through overseas bond issue at 5.25% coupon
· thehindubusinessline.com
SBI raises $500 million through a five-year overseas bond at 5.25%, with strong demand helping tighten the spread to 88 bps over US Treasuries.
State Bank of India (SBI) has successfully priced a $500 million Regulation S bond issue through its London branch, showcasing strong global investor confidence...