By Devika Patel
Knoxville, Tenn., March 30 - Bank of Baroda informed the Bombay Stock Exchange that it sold $350 million 4¾% senior unsecured bonds maturing on Oct. 7, 2015.
The bonds have a yield to maturity of 4.886%.
Proceeds will be used to fund the bank's overseas asset growth.
Bank of Baroda is a Vadodara, India-based bank.
| Issuer: | Bank of Baroda
|
| Issue: | Senior unsecured bonds
|
| Amount: | $350 million
|
| Maturity: | Oct. 7, 2015
|
| Coupon: | 4¾%
|
| Yield: | 4.886%
|
| Warrants: | No
|
| Settlement date: | March 30
|
© 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.
