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 K > Headlines for Karur Vysya Bank Ltd. > News item
Published on 8/28/2009 in the Prospect News Emerging Markets Daily.

India's Karur Vysya approves up to Rs. 1.5 billion in tier II bonds

By Devika Patel

Knoxville, Tenn., Aug. 28 - Karur Vysya Bank Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to Rs. 1.5 billion in series I unsecured redeemable non-convertible subordinated tier II bonds at a board of directors meeting on Aug. 27.

The bonds will be in the nature of promissory notes or debentures and will also have a Rs. 1.5 billion greenshoe.

Karur Vysya is a Karur, India-based bank.


© 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.