Loan & Debt22 Jul 2026, 07:10 pm
Canara Bank Raises US$200M Via Senior Unsecured Notes Due 2029
AI Summary
Canara Bank has successfully raised US$200,000,000 through a tap issuance of 4.896% senior unsecured notes due 2029. These notes will be consolidated with existing notes under its US$3 billion medium-term note program, issued via its IFSC Banking Unit. The issuance, which opened and closed on July 16, 2026, with allotment on July 22, 2026, is listed on the Singapore Exchange and India International Exchange (IFSC). The funds will mature on September 11, 2029, with semi-annual coupon payments.
Key Highlights
- Raised US$200 million via senior unsecured notes.
- Notes mature on September 11, 2029.
- Coupon rate is fixed at 4.896% per annum.
- Issued under the US$3 billion medium-term note programme.
- Listed on Singapore and India International Exchange (IFSC).
Price Impact
More from CANBK