Don’t miss the latest developments in business and finance.

Syndicate Bank finalizes issue of Basel III Compliant Tier II Bonds

Image
Capital Market
Last Updated : Sep 30 2015 | 12:02 AM IST

Aggregating Rs 1000 crore

Syndicate Bank has finalized the issue of unsecured redeemable non-convertible Basel III Compliant Tier II Bonds in the nature of debentures aggregating to Rs. 1000 crore.

Coupon rate - 8.58% p.a. payable annually
Issue opening date - 24 September 2015
Issue closing date - 28 September 2015
Date of allotment - 28 September 2015
Date of maturity - 28 September 2025

Powered by Capital Market - Live News

More From This Section

First Published: Sep 29 2015 | 5:07 PM IST

Next Story