STATE BANK OF INDIA : RAISES USD 300 MN VIA SENIOR UNSECURED FLOATING RATE NOTES

• State Bank of India has concluded the issuance of USD 300 million Senior Unsecured Floating Rate Notes. • The notes have a maturity of 3 years and a coupon of SOFR + 100 bps p.a., payable quarterly. • Issuance is under Regulation-S and will be through the bank's London branch. • The Bonds will be issued as of July 6th, 2026. Impact: Neutral (Debt issuance to fund growth and strengthen balance sheet)

State Bank of India

Open attachment

← Back to feed