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Bank of Maharashtra completes $500 million 5-year international bond

Bank of Maharashtra concluded its debut international bond issuance of $500 million in a single 5-year tranche to fund business growth, with the order book reaching nearly three times the issue.

MAHABANK

Bank of Maharashtra has completed its debut international bond issue of $500 million, with a maturity of 5 years, in a single tranche to support business growth. The debt instrument drew strong interest from international investors, with the order book reaching nearly three times the issue.