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BoB issues senior notes of USD 250 mn
Source: IRIS | 09 Jul, 2014, 04.02PM
Rating: NAN / 5 stars.
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Bank of Baroda (BoB) announced today that, the bank has issued fixed rate senior unsecured notes amounting to USD 250 million by way of tapping / re-opening of its senior unsecured notes of USD 750 million originally issued on Jan. 23, 2014 and maturing on July 23, 2019.

"The notes are issued to meet the present / future long term funding requirement at the overseas centres of the bank," it said.

Shares of the bank gained Rs 3.05, or 0.37%, to settled at Rs 834.40. The total volume of shares traded was 200,963 at the BSE (Wednesday).

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