Kotak Mahindra Bank raises $650 million in debut dollar bond sale
Kotak Mahindra Bank raised $650 million through its debut five-year dollar bond, pricing notes at 108 basis points over US Treasuries.
Strong demand from Asian and European investors helped tighten pricing from initial guidance, with orders reaching $2.1 billion.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
