IDFC FIRST Bank raised $500 million through its maiden international bond issuance, marking its entry into global debt markets. The three-year senior notes, due in 2029, carry a 5.625% coupon and attracted major investors including BlackRock, Capital Group and AllianceBernstein. The fundraising diversifies the bank’s funding base and supports its long-term growth ambitions.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.
