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 A > Headlines for Axis Bank Ltd. > News item
Published on 10/19/2016 in the Prospect News Emerging Markets Daily.

India’s Axis Bank board to consider Rs. 50 billion debenture issuance

By Wendy Van Sickle

Columbus, Ohio, Oct. 19 – Axis Bank Ltd. is proposing to issue Rs. 50 billion of unsecured redeemable non-convertible subordinated debentures, according to a Bombay Stock Exchange notice.

The series 3 debentures would have a face value of Rs. 1 million each. The board will consider the issuance by circular resolution.

The bank is based in Mumbai.


© 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.