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Union Bank of India allots AT1 bonds aggregating Rs 1000 cr

Capital Market 

On 11 January 2021

Union Bank of India has allotted Unsecured, Subordinated, Non-Convertible, Taxable, Perpetual, Fully Paid-Up Basel III Compliant Debt Instruments in the nature of Debentures eligible for inclusion in Additional Tier 1 Capital ("Bonds") Series XXVlll aggregating to Rs. 1000 crore (ISIN: INE692A08128) on 11 January 2021.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Mon, January 11 2021. 20:06 IST