Vijaya Bank to raise Rs 2K cr via bonds

Vijaya Bank plans to raise Rs 2 billion through a bond sale, which opens on Friday, a merchant banker associated with the issue, said.

Following are the terms and conditions of the issue Borrower Vijaya Bank Coupon 9.50 per cent, payable annually Maturity 10 years Issue amount 2 billion rupees Opening date July 20 Closing date July 25 Arrangers UTI Bank, A.K Capital Services, SPA Merchant Bankers, ICICI Securities, ICICI Bank, Citigroup.