Axis to follow SBI as Indian bonds return
Axis Bank is set to sell dollar bonds worth at least $500m as early as next week, following hot on the heels of State Bank of India’s new issue that reopened the market for Indian borrowers after a two year break.
Barclays Capital, HSBC, JPMorgan and Standard Chartered are leading roadshows in Singapore on October 26, Hong Kong the day after and London on Wednesday for Axis, ahead of a planned Reg S deal.
No details on the final size have been revealed but it has been described as
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