Saturday, October 12, 2013

CANARA BANK TO LIST ITS BOND IN SINGAPORE EXCHANGE

Canara Bank is planning to raise $500 million via unsecured bonds under its $2 billion medium-term note programme.
The issue will open on October 18, 2013. The bonds will carry a coupon rate of 5.25 per cent and the tenor will be 5 years. The bonds rated as Baa3/BBB- will be listed on Singapore Stock Exchange.

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