October 20, 2014 / 5:07 PM / 3 years ago

New Issue- IDBI Bank prices $350 mln 2020 bond

Oct 20 (Reuters) -Following are terms and conditions

of a bond priced on Monday.

Borrower IDBI Bank Limited, acting through its Dubai

International Financial Centre

Issue Amount $350 million

Maturity Date April 23, 2020

Coupon 4.125 pct

Reoffer price 99.903

Reoffer yield 4.145 pct

Spread 275 basis points

Underlying govt bond Over the 5 year UST

Payment Date October 23, 2014

Lead Manager(s) ANZ, BNP PARIBAS, Citi & HSBC

Ratings Baa3(Moody‘s), BB+ (S&P),

BBB- (Fitch)

Listing SGX

Full fees Undisclosed

Denoms (K) 200-1

Governing Law English

Notes Launched under issuer’s EMTN programme

Security details and RIC, when available, will be


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