Tier II Capital
Private placement of unsecured, subordinated, unrated, unlisted, non-convertible, fully paid-up, redeemable Basel III compliant tier-2 USD notes
Deal Contribution
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Spearheaded RBL Bank's historic issuance of USD 100 million through a private placement of unsecured, subordinated, unrated, unlisted, non-convertible, fully paid-up, redeemable Basel III compliant tier-2 USD notes.
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Managed the transaction end-to-end with United States Development Finance Corporation (USDFC) as the sole subscriber to the notes.
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The notes carry a maturity of 10 years, however, a call option may be exercised at the sole discretion of the bank after completion of 5 years from the date of subscription
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Diligently managed extensive discussions on RBI regulatory compliance, navigating through a year of intricate back-and-forth to ensure adherence to regulations and successful closure of the deal.
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Successfully oversaw the issuance process from inception to completion