Issuance of US$ 750 Million Bonds under the US$ 10 Billion Medium Term Note Programme by State Bank of India

JSA advised State Bank of India (SBI), India’s largest lender, in the issue of US$ 750 Million Bonds under the US$ 10 Billion Medium Term Note Programme.

JSA also assisted and facilitated the listing of SBI’s US$ Bonds on the Global Securities Market of India International Exchange ( IFSC) Limited, India’s international stock exchange at the IFSC GIFT City.

SBI’s US$ Bond Issue was one of the first offshore bonds Issue from out of India in the new financial year and in the midst of volatility in the international markets.

Our Banking and Finance Team Comprised Lead Partner – Dina Wadia, and Partner – Uttara Kolhatkar.