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RBL Bank raises $350 million in debut international bond sale

RBL Bank has raised $350 million through its first international bond sale, pricing bonds tighter than initial guidance. Strong investor demand supports funding for GIFT City growth and liability management, while Emirates NBDs backing…

RBL Bank raises $350 million in debut international bond sale
RBL Bank raises $350 million in debut international bond sale
By

, ET Bureau

Synopsis

RBL Bank has raised $350 million through its first international bond sale, pricing bonds tighter than initial guidance. Strong investor demand supports funding for GIFT City growth and liability management, while Emirates NBD’s backing strengthens credit quality and investor confidence.

Economictimes Verified Source

Reported by Joel Rebello · Syndicated via official news feed

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