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VERIFIEDET Markets·positive

Kotak Mahindra Bank raises $650 million in debut dollar bond sale

AI Summary
  • ·Kotak Mahindra Bank raised $650 million through its debut five-year dollar bond sale.
  • ·The notes were priced at 108 basis points over US Treasuries.
  • ·The bond sale attracted $2.1 billion in orders from Asian and European investors.
KOTAKBANKM&M
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