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Tag Archives: Additional Tier

Union Bank of India raises Rs 500 crore via bonds

Union Bank of India has issued 5,000 Non-Convertible, Unsecured Subordinated Basel III Compliant Perpetual Debt Instruments eligible for inclusion in Additional Tier 1 Capital on May 3, 2017. The Bond is issued for face value of Rs 10 lakh each at par aggregating to Rs 500 crore on private placement ... Read More »

IndusInd Bank to raise Rs 1000 crore on private placement basis

IndusInd Bank has received its board’s approval for issuance of Rated, Listed, Non-Convertible, Perpetual Subordinated Unsecured Basel III Compliant Bonds in the nature of Debentures towards non-equity regulatory Additional Tier 1 Capital (AT1 Bonds), for Face Value of Rs 10 lakh each for cash aggregating to Rs 1,000 crore on ... Read More »