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Union Bank of India to issue Basel III compliance Tier 2 bonds

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Capital Market

On 09 July 2021

Union Bank of India is issuing Basel III Compliant Debt Instruments in the nature of Debentures eligible for inclusion in Tier-2 Capital ("Bonds") Series XXXl of Rs.500 crore with Green Shoe Option up to Rs.650 crore (maximum Rs.1,150 crore) on Private Placement basis on 09 July 2021.

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First Published: Jul 08 2021 | 7:15 PM IST

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