Question
State Bank of India has increased the size of its dollar
bond issue to________ from $750 million which has been arranged by global banks including HSBC and JP Morgan.Solution
State Bank of India has increased the size of its dollar bond issue to $1 billion from $750 million. While $750 million is underwritten by global banks, an additional $250 million is made available through a green shoe option arranged by global banks including HSBC and JP Morgan.
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