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Union Bank of India Issues $600M Senior Unsecured Notes via DIFC

Union Bank of India logoUnion Bank of India
Sig2.92Sen+3.85Env0.00Soc0.00Gov+0.55

Union Bank of India issued $600 million in senior unsecured dual-tranche notes via its DIFC branch, with allotment on August 28, 2026. The tranches are senior and unsecured. In Q1 FY27, net profit rose 29% to $563 million and operating profit hit a record $845 million, aided by sustained net interest income, lower provisions and better asset quality. Proceeds will support DIFC funding and general corporate needs.

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