Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for State Bank of India > News item |
State Bank of India talks $300 million to $350 million five-year notes at Libor plus 50 bps area
By Paul A. Harris
St. Louis, Dec. 7 - State Bank of India set a $300 million to $350 million size range for its offering of five-year eurobonds (Baa2/BB+/BBB-) on Thursday, according to an informed source. The deal was initially announced as a $300 million offering.
Meanwhile, the New Delhi, India-based state-run bank put out revised price guidance in the three-month Libor plus 50 basis points area, lowered from previous guidance of Libor plus 50 to 55 bps.
Pricing is expected to take place on Friday in London.
Barclays Capital, Citigroup and Deutsche Bank have the books for the Regulation S deal.
© 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.