South Indian Bank Ltd - 532218 - Allotment Of Rated, Unsecured, Perpetual, Non-Convertible, Basel III Compliant, Tier 1 Subordinated Bonds Bearing A Face Value Of Rs.1,00,000/-Each, Aggregating To Rs.500.00 Crores On Private Placement Basis.
Allotment of rated, unsecured, perpetual, non-convertible, Basel III compliant, Tier 1 subordinated bonds bearing a face value of Rs.1,00,000/- (Rupees One lakh only) each, with a base issue size of Rs.300.00 Crore (Rupees Three Hundred Crores only) and a Green Shoe option to retain oversubscription upto to Rs. 200.00 Crore (Rupees Two Hundred Crores only) aggregating to Rs.500.00 crores (Rupees Five Hundred Crores only)on private placement basis ('Issue')24-01-2020