15th May 2006 14:59
State Bank Of India15 May 2006 Letter to: The Bombay Stock Exchange Ltd., MumbaiDated: May 11, 2006 LISTING AGREEMENT: CLAUSE 36 PRIVATE PLACEMENT OF UNSECURED, REDEEMABLE, NON-CONVERTIBLE SUBORDINATED DEBT BONDS AGGREGATING Rs 500 Crores WITH A GREEN SHOE OPTION TO RETAIN OVERSUBSCRIPTION___________________________________________________ In terms of Clause 36 of the Listing Agreement, we advise that the Executive Committee of the Central Board (ECCB) of SBI has in its meeting held on 11th May2006, approved the raising of unsecured and rated rupee Subordinated/ Upper TierII Debt Bonds of Rs 500 crores with a Green shoe option to retain over subscription, with a maturity of over 60 months, by private placement or book building process. The timing of the issue is to be decided by the Chairman. From: General Manager (Shares & Bonds) State Bank of India This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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