Bank of Baroda Tests Dollar Funding Waters With Dual-Tranche Bond Plan
Bank of Baroda is considering raising funds through a dollar-denominated bond issue, encouraged by strong investor demand for State Bank of India’s recent foreign-currency debt sale, according to banking sources. India’s second-largest state-run lender by assets is planning a dual-tranche bond issue with maturities of three and five years and has provided initial pricing guidance….
