Bank of Baroda Plans $500 Million Offshore Bond Issue Under Medium-Term Note Programme
Published on: Jan. 26, 2026, 3:11 p.m. | Source: scanx.trade
Bank of Baroda is preparing to raise $500 million through US dollar bonds under its $4 billion medium-term note programme, inviting bids for joint lead managers. The Reg-S bond issue will target non-US investors and may be executed in multiple tranches based on market conditions. Proceeds will fund overseas operations and refinance existing liabilities as part of the bank's foreign currency funding strategy.
