General Announcement::Foreign Currency Bond Tap Issue by the Bank under the Medium Term Note Programme

Issuer & Securities

Issuer/ Manager
CANARA BANK
Securities
CANARABANKUS$250M6.365%N211128 - XS0276148847 - 7TSB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
12-Oct-2017 20:00:14
Status
New
Announcement Sub Title
Foreign Currency Bond Tap Issue by the Bank under the Medium Term Note Programme
Announcement Reference
SG171012OTHR1NJ8
Submitted By (Co./ Ind. Name)
George Augustin T
Designation
Divisional Manager & Company Secretary
Effective Date and Time of the event
12/10/2017 17:00:00
Description (Please provide a detailed description of the event in the box below)
Canara Bank launched a Tap Issuance of 5 year Medium Term Note (MTN) Bonds (issued earlier on 10th August 2017) to the extent of USD 200 million, through its London branch on 11th October 2017 value 17th October 2017 maturing on 10th August 2022. It is priced at 5 year US Treasury plus 119 bps carrying a coupon of 3.25 Percent fixed payable half yearly.

The Bonds are listed in Singapore Stock Exchange and the funds raised are utilized for deploying in long term assets by the Bank s foreign branches.

Kindly acknowledge the receipt and take the same on record.

Attachments

foreigncurrencybondtapissue.pdf
Total size =197K