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SBI concludes $500 million bond issue

18 Jan 2017 Evaluate

State Bank of India (SBI) has concluded the issue of $500 million fixed rate Senior Unsecured Notes with maturity of five years at a coupon of 3.25 per cent payable semi-annually under Regulation-S. The bonds will be issued through the Bank’s London branch as of January 24, 2017, and will be listed on the Singapore Stock Exchange.

SBI offers a wide range of services in the Personal Banking, Agriculture/Rural, NRI services, SME and Corporate Banking etc.

Peers
Company Name CMP
State Bank Of India 961.00
PNB 122.50
Bank Of Baroda 238.50
Canara Bank 118.35
Union Bank Of India 185.20
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