Published on 16/04/2019 11:28:44 AM | Source: Dion Global Solutions Ltd

IndusInd Bank allots notes aggregating USD 400 mn

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The Finance Committee of the Board of IndusInd Bank has, at its meeting held on Monday April 15, 2019, approved the allotment of the Notes that were launched and priced on April 8, 2019 carrying a fixed coupon of 3.875 per cent per annum, payable on a semi-annual basis, for a tenor of three years, having maturity date of April 15, 2022, through its IBU, having an issue size of USD 400 million, under the Medium Term Note Programme of the Bank. The Notes arc listed on India International Exchange (IFSC) Limited and Singapore Exchange Securities Trading Limited.