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Akshay Patel

23rd Jul · SEBI-Registered Analyst

Canara Bank raises $200 million via senior unsecured notes due 2029

CANBK
raised funds through a tap issuance of USD 200 million senior unsecured notes due 2029, carrying a coupon rate of 4.896%. The notes will be consolidated and form a single series with the existing 4.896% USD 300 million senior unsecured notes due 2029, issued through the bank's IFSC Banking Unit under the USD 3 billion medium term note programme. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.

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