Union Bank of India lists $600 million bond on NSE-IFSC at GIFT City
Union Bank of India listed its maiden US dollar-denominated bond issuance on NSE-IFSC at GIFT City. The $600 million issue was oversubscribed by around 7.8 times after a 12-year gap from international debt capital markets.
Union Bank of India has listed its first US dollar-denominated bond issuance on NSE-IFSC at GIFT City, Gandhinagar, marking the state-run lender’s return to the international debt capital markets after a gap of 12 years. 8 times.