Offshore Bonds

HDFC Bank raises $750 mn via 5-year bond issue from GIFT City unit

India's largest private-sector lender tapped offshore markets through its GIFT City IFSC unit, issuing senior unsecured bonds carrying a 5.067 per cent coupon

HDFC Bank prices $750 mn bond in largest lender offshore deal since 2023

The deal is the largest by an Indian lender since the State Bank of India's $750 million five-year bond sale in May 2023 and comes as SBI and Bank of Baroda line up similar overseas debt sales

State Bank of India to consider raising $2 billion via offshore bonds

The board will meet on April 18 to consider the fund raising

HDFC Bank considers its first offshore bond to boost its buffers

It would be only the second such offshore offering from an Indian bank after State Bank of India sold such securities in 2016.

Tata Motors raises $425 mn in offshore bonds to pare debt, meet expenses

Of the proceeds raised, Tata will use $318 million to refinance existing loans and the rest to meet corporate expenses

ReNew Power's $325 mn offshore bond issuance oversubscribed six times

Company executives said this was also the cheapest bond offering by a renewable firm. The bonds were initially priced at 5.875%. When the rate was reduced to 5.375%, investors continued to book

Flip-flops on India's dollar bond sale has left traders on tenterhooks

It was only on Monday that Finance Minister Nirmala Sitharaman said that she isn't rethinking the offshore plan

India Inc's deal hunt will drive offshore bonds rush in 2018: Citi

India remains a small player in the G3 bonds market that's dominated by Chinese firms, which raised an equivalent of $215 billion last year