SBI $500 Million Bond Issue Gets Massive Response: Order Book Hits $2.46 Billion From 145 Investors
State Bank of India (SBI) has successfully raised $500 million through a Regulation S bond issue, securing strong demand from international investors and pricing the bonds at what Chairman Challa Sreenivasulu Setty described as the tightest spread among Indian public bond issuances since the Reserve Bank of India’s swap window announcement. The latest overseas fundraising … Read more