Exim Bank Bond Sale

• 

  Reliance Industries Hits Overseas Debt Market With $1 Billion Bond Sale: Report

  Reliance Industries Ltd (RIL) on Tuesday hit the international debt market to raise up to $1 billion (about Rs 6,150 crore) by selling 10-year dollar-denominated bonds.

• State Bank of India raises $1 billion via bond sale

  according to Citigroup, one of the merchant bankers in the sale. "SBI successfully sold its five-year senior unsecured bond (REG S) at 255 bps over the US Treasury yielding a coupon of 325 base per annum raising $1 billion through its London branch. The issue was closed late last night," Citigroup told PTI today.

• IDBI Bank raising $500 million in overseas bond sale

  State-run IDBI Bank today hit the overseas debt market with a benchmark-sized five-year bond issue to raise over $500 million, according to merchant banking sources.

• Tata Comm mops up S$250 million from bond sale

  Tata Communications today became the first domestic un-rated corporate to tap overseas financial markets by selling bonds worth 250 million Singapore dollars at a coupon of 4.25 per cent, getting over-subscription of 14 times the offer.

• Tata Communications launches Rs 2,200 crore bond sale

  Tata Communications, an arm of the Tata Group, today launched a benchmark (Singapore dollar 500 million or more; about Rs 2,200 crore) issue in the Singapore market, providing a further boost to domestic corporates raising funds overseas, according to merchant banking sources.

• Exim Bank sells $750 million bonds at 4 per cent

  Exim Bank today set yet another benchmark in raising cheap debt from overseas investors by selling $750 million worth bonds through a European debt sale programme that was overbought by 8.5 times and at a coupon of 4 per cent.

• Exim Bank raises $124 million via bond sale

  The bank raised the money through three tranches at coupons ranging from 1.31 per cent to 7.74 per cent.