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VERIFIEDET Markets·positive
BlackRock, Capital Group anchor IDFC FIRST Bank’s maiden $500 million global bond
AI Summary
- ·IDFC FIRST Bank successfully raised $500 million via its first global bond issuance.
- ·The three-year senior notes, maturing in 2029, offer a 5.625% coupon.
- ·Key investors in the issuance included BlackRock, Capital Group, and AllianceBernstein.