Question
State Bank of India has issued bonds worth ________ of
senior 5-year notes at a coupon of 4.875%.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, Emirates NBD — as joint global coordinators and lead managers.
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