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IDBI Bank redeems $500 million senior notes issued under MTN program

28 Jan 2019 Evaluate

IDBI Bank has redeemed $500 million 3.75% Senior Notes (current outstanding $490,320,000) on January 25, 2019 which are listed on the Singapore Exchange Securities Trading and issued under its $5 billion MTN Program for an aggregate principal amount of $490,320,000 together with accrued interest from the last interest payment date.

IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.

Peers
Company Name CMP
HDFC Bank 740.00
ICICI Bank 1343.50
Axis Bank 1250.00
Kotak Mahindra Bank 415.00
Indusind Bank 958.00
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