Syndicate Bank finalizes issue of Basel III Compliant Tier II Bonds
Aggregating Rs 1000 crore
Syndicate Bank has finalized the issue of unsecured redeemable non-convertible Basel III Compliant Tier II Bonds in the nature of debentures aggregating to Rs. 1000 crore.
Coupon rate - 8.58% p.a. payable annually
Issue opening date - 24 September 2015
Issue closing date - 28 September 2015
Date of allotment - 28 September 2015
Date of maturity - 28 September 2025
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