Bank of Maharashtra updates on AT1 Tier I Basel III compliant bond issue

Issue closed on 10 January 2015

Bank of Maharashtra announced that its issue of AT1 Tier 1 Basel III compliant Bonds of Rs. 500 crore with Green Shoe Option of Rs. 500 crore is fully subscribed and the Bank has closed the issue on 10 January 2015. The Bank is exercising the Green Shoe option and will allot the Bonds amounting to Rs. 1,000 crore as per subscription amount received from the investors.

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