SBI board to mull raising USD 2 bn via bonds in FY22

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Mumbai:

The committee will meet on Wednesday, April 28, the bank said in a regulatory filing. 

It said the Executive Committee will meet “to examine the status and decide on long term fund raising in single/multiple tranches up to US$2 Billion under Reg-S/144A, through a public offer and/or private placement of senior unsecured notes in US Dollar or any other convertible currency during FY 2021-22”. 

Shares of the bank on Tuesday closed at Rs 352.90, higher by Rs 8.55, or 2.48 per cent, from its previous close.



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