Epic Research

Saturday, April 13, 2013

Epic Update : SBI

Epic Update SBIState Bank of India has informed BSE that the Bank has concluded the issue of USD 1,000 Mio Fixed Rate Senior Unsecured Notes having a maturity of 5 years at a coupon of 3.25% p.a. payable semi-annually, under a standalone bond issue under Rule 144A/Regulation-S of US Securities Exchange Commission (SEC), in the form of 144A/Regulation-SNotes. The Bonds will be issued through its London branch as of April 18, 2013 and shall be listed on Singapore Stock Exchange (SGX).

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