Bank of Maharashtra concludes debut $500m overseas bond at 5 years
Bank of Maharashtra said it has concluded its debut international bond issuance of $500 million with a 5-year maturity in a single tranche to fund business growth. The company said international investors showed an overwhelming response, with a reported order book about three times subscription.
Public sector lender Bank of Maharashtra said on Friday it has concluded its debut international bond issuance of $500 million, with a 5-year maturity, in a single tranche to fund business growth. The debt instrument drew an overwhelming response from international investors, with the order book…