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Published on 4/11/2013 in the Prospect News Emerging Markets Daily and Prospect News Investment Grade Daily.

State Bank of India talks five-year notes at Treasuries plus 275 bps

By Christine Van Dusen

Atlanta, April 11 - State Bank of India set price talk at Treasuries plus 275 basis points for its upcoming offering of five-year benchmark-sized dollar-denominated notes, a market source said.

BNP Paribas, Citigroup, Deutsche Bank, HSBC, JPMorgan and SBI Capital Markets are the bookrunners for the Rule 144A and Regulation S deal.

State Bank of India is based in Mumbai.


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