Exim Bank of India returns with a $200 million deal

Exim Bank prices its second deal this year – a $200 million five-year bond.

Government-owned Export-Import Bank of India yesterday raised $200 million from its second US dollar-denominated bond deal this year. The new bonds are senior unsecured five-year notes with a maturity date of April 21, 2015 -- a couple of months later than its outstanding $300 million 4.375% five-year bonds, which were issued in January this year and mature in February 2015.

The new bonds were issued under Exim's existing $1 billion medium-term note programme and pay a fixed...

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