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Union Bank of India allots AT1 bonds aggregating Rs 1000 cr

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Capital Market

On 11 January 2021

Union Bank of India has allotted Unsecured, Subordinated, Non-Convertible, Taxable, Perpetual, Fully Paid-Up Basel III Compliant Debt Instruments in the nature of Debentures eligible for inclusion in Additional Tier 1 Capital ("Bonds") Series XXVlll aggregating to Rs. 1000 crore (ISIN: INE692A08128) on 11 January 2021.

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First Published: Jan 11 2021 | 8:06 PM IST

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