IDBI Bank raises Rs 1,000 cr from bonds to fund infra projects

IDBI Omni Infrastructure Bonds 2015-16 Series III are unsecured, non-covertible redeemable bonds, the bank said in a statement.
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Feb 10, 2016, 08.21 PM | Source: PTI

IDBI Bank raises Rs 1,000 cr from bonds to fund infra projects

IDBI Omni Infrastructure Bonds 2015-16 Series III are unsecured, non-covertible redeemable bonds, the bank said in a statement.

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IDBI Bank raises Rs 1,000 cr from bonds to fund infra projects

IDBI Omni Infrastructure Bonds 2015-16 Series III are unsecured, non-covertible redeemable bonds, the bank said in a statement.

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IDBI Bank raises Rs 1,000 cr from bonds to fund infra projects
State-owned IDBI Bank raised Rs 1,000 crore from bonds on private placement basis to fund infrastructure projects.

IDBI Omni Infrastructure Bonds 2015-16 Series III are unsecured, non-covertible redeemable bonds, the bank said in a statement.

The 10-year bonds will have coupon rate of 8.80 percent, it added.

Tags  IDBI Bank

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