Dena Bank issues Basel III compliant Additional Tier 1, Non-Convertible Taxable Bonds

Aggregating Rs 1000 crore

Dena Bank announced that on 29 January 2016, the Bank has raised Rs. 1,000 crore of Unsecured Subordinated, Perpetual, Basel III compliant Additional Tier 1, Non-Convertible Taxable Bonds (Series IV) (Bonds") in the nature of Debentures of face value of Rs. 10 lakhs each ("bonds) at par aggregating Rs. 1,000 crore.

Powered by Capital Market - Live News