New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    State Bank of India concluded the sale of ________ worth

    of senior 5-year notes at a coupon of 4.875% & has mandated six banks — HSBC, Citigroup, JPMorgan, Standard Chartered Bank, MUFG, and Emirates NBD — as joint global coordinators and lead managers.
    A $350 million Correct Answer Incorrect Answer
    B $400 million Correct Answer Incorrect Answer
    C $500 million Correct Answer Incorrect Answer
    D $750 million Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    State Bank of India concluded the sale of $ 750 million worth of senior 5-year notes at a coupon of 4.875%.      SBI had mandated six banks — HSBC, Citigroup, JPMorgan, Standard Chartered Bank, MUFG, and Emirates NBD — as joint global coordinators and lead managers.

    Practice Next

    Relevant for Exams: