The 5.5 years bonds were priced at a spread of 280 basis points and was oversubcribed 3.4 times with demand from 150 investors, Union Bank of India said in a statement.
State-owned Union Bank of India today said it has raised USD 350 million (Rs 2,100 crore) through bonds from overseas market to fund its expansion plan.
The 5.5 years bonds were priced at a spread of 280 basis points and was oversubcribed 3.4 times with demand from 150 investors, Union Bank of India said in a statement.
Geographically, 65 percent of the bonds were allocated to Asia, 32 percent to Europe and the remaining 3 percent to offshore US.
This is part of USD 2 billion Medium Term Note Programme, it added.
Also read: PSU banks may get additional capital infusion of Rs 7000 cr
Union Bank stock price
On April 23, 2014, Union Bank of India closed at Rs 149.15, down Rs 1.05, or 0.7 percent. The 52-week high of the share was Rs 255.00 and the 52-week low was Rs 97.10.
The company's trailing 12-month (TTM) EPS was at Rs 30.25 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 4.93. The latest book value of the company is Rs 273.18 per share. At current value, the price-to-book value of the company is 0.55.
Anda sedang membaca artikel tentang
Union Bank of India raised USD 350 million from bonds
Dengan url
http://gayafashionshow.blogspot.com/2014/04/union-bank-of-india-raised-usd-350.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Union Bank of India raised USD 350 million from bonds
namun jangan lupa untuk meletakkan link
Union Bank of India raised USD 350 million from bonds
sebagai sumbernya
0 komentar:
Posting Komentar