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Punjab & Sind Bank provides update on its AT-1 bond issue

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Capital Market

Issue fully subscribed on 02 May 2017

Punjab & Sind Bank announced that issue of Basel-III compliant AT-1 Bonds aggregating up to Rs.1,000 crore was opened for bidding on Electronic Bidding Platform (EBP) of National Stock Exchange of India on 02 May 2017. The issue was fully subscribed and bids for Rs.1,000 crore with coupon of 10.90% were accepted.

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First Published: May 02 2017 | 7:25 PM IST

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