SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Syndicate Bank raises $500 million via bond sale

10 Oct 2012 Evaluate

Manipal-based public sector lender Syndicate Bank has raised $500 million via sale of dollar bonds at coupon rate of 4.12%. The bank has raised funds for five and a half years at a spread of 355 basis points above the comparable US Treasury.

The issue was a part of bank’s $1 billion medium-term note program. Meanwhile, Deutsche Bank, Citibank, JP Morgan, Standard Chartered Bank and HSBC were the book runners of the issue. The bank, in May 2011, had raised $500 million through MTN. It issued bonds having tenure of 5.5 years with coupon of 4.75%.

Synd.Bank-Amalgamat Share Price

23.40 0.00 (0.00%)
19-Mar-2020 18:01 View Price Chart
Peers
Company Name CMP
State Bank Of India 1044.10
PNB 105.80
Bank Of Baroda 246.65
Canara Bank 125.05
Union Bank Of India 168.55
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: