Bank of Maharashtra Prices USD 500 Million 5-Year Notes
Fundraising / Financing
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
17th Sep 2026
Key Transaction Details
- Bank of Maharashtra concluded the issuance of Senior Unsecured Fixed Rate Notes amounting to USD 500 Million on September 17, 2026.
- The notes have a maturity of 5 years with a fixed coupon rate of 6.112% per annum.
- Interest payments will be made semi-annually.
- The issuance was made under Regulation S of the U.S. Securities Act, 1933.
- The notes were issued under the bank's USD 500 Million Medium Term Note Programme established on September 4, 2026.
Issuance and Listing Details
- The notes will be issued through the bank's IFSC Banking Unit at GIFT City.
- The issuance date is set for September 24, 2026.
- The notes shall be listed on India INX and NSE IX.