State Bank of India (Nassau)
Rating: Baa2/BBB-Issue rating: Baa2/BB
Amount: $225mMaturity: Perpetual, callable on 27 June 2017
Coupon: 7.14%, stepping up 100bp if not calledPrice: 100.00
Spread at re-offer: 198.1bp over 10 year USTBookrunners: Citigroup, JP Morgan
Market appraisal:"... SBIs existing perp non-call 10 had widened to 133bp by the time the ...
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