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SBI plans 5-yr dollar bond issue

SBI plans 5-yr dollar bond issue
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First Published: Wed, Jul 21 2010. 12 00 PM IST
Updated: Wed, Jul 21 2010. 12 00 PM IST
Hong Kong: State Bank of India (SBI) plans to issue a five-year dollar bond after meeting with investors this week, a source close to the deal said on Wednesday.
Bank of America Merrill Lynch, Citigroup Deutsche Bank, HSBC, Royal Bank of Scotland and UBS were hired to manage the deal.
The issuer is on the last leg of a roadshow, which will end in New York later on Wednesday. It also met investors in London, Los Angeles, Boston, New York, Singapore, Hong Kong, Frankfurt and Zurich.
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First Published: Wed, Jul 21 2010. 12 00 PM IST