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      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.

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