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Canara Bank Raises $200 Million Through 4.896% Senior Notes Due 2029

Canara Bank logoCanara Bank
Sig2.80Sen+2.38Env0.00Soc+0.22Gov+1.02

Canara Bank has raised US$200,000,000 through a tap issuance of 4.896% senior unsecured notes due 2029, which will be consolidated with its existing US$300,000,000 notes due 2029. The notes are rated Baa3/BBB- and issued under its US$3 billion medium-term note programme, with semi-annual coupon payments and listings on the Singapore and India IFSC exchanges.

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