Syndicate Bank out with India’s first post-election bond

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Syndicate Bank out with India’s first post-election bond

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Syndicate Bank made a return to the dollar market with a 5.5 year Reg S issue on Wednesday. The borrower is the first Indian name to appear in international markets after the Narendra Modi-led Bharatiya Janata Party (BJP) landed a sweeping victory in the Indian elections on May 16.

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