Export-Import Bank of India raises $750 million

The Export-Import Bank of India (EXIM Bank) has raised $750 million by issuing 10 year Reg S bonds to funds it operations including extending lines of credit to the Governments of other countries, export finance and support Indian companies overseas investments.

Executive Director of EXIM Bank Mr. David Rasquinha said that the resources were raised at a fixed coupon of 4 per cent (or 10-year US Treasury plus 220 basis points).

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