MoneyWorks4Me

SBI raises $100 million via senior unsecured floating rate notes

14 Jun 2024 Evaluate

State Bank of India (SBI) has concluded the issuance of $100 million Senior Unsecured Floating Rate Notes having maturity of 3 years and coupon of SOFR+95 bps p.a. payable quarterly in arrears under Regulation-S. The Bonds will be issued through its London branch as of June 20, 2024.

State Bank of India is the country’s largest lender and it 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 954.55
PNB 114.40
Bank Of Baroda 234.55
Canara Bank 118.75
Union Bank Of India 173.00
View more..