IndusInd Bank allots notes aggregating $400 mn

The Finance Committee of the Board of IndusInd Bank has, at its meeting held today, April 15, 2019, approved the allotment of the Notes that were launched and priced on April 8, 2019 carrying a fixed coupon of 3.875% per annum, payable on a semi-annual basis, for a tenor of three years, having maturity date of April 15, 2022, through its IBU, having an issue size of USD 400 million, under the Medium Term Note Programme of the Bank.

The Notes arc listed on India International Exchange (IFSC) Limited and Singapore Exchange Securities Trading Limited.

Shares of INDUSIND BANK LTD. was last trading in BSE at Rs.1746.65 as compared to the previous close of Rs. 1738.65. The total number of shares traded during the day was 46573 in over 1511 trades.

The stock hit an intraday high of Rs. 1764.75 and intraday low of 1735.15. The net turnover during the day was Rs. 81703716.

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