Union Bank Issues 3.625% Senior Unsecured Notes 2018

Union Bank of India had announced issuance of 3.625% Senior Unsecured Bonds due in 2018 through its Hong Kong Branch. Bonds are rated Baa3 by Moody's and BBB - by Standard & Poor.

Shares of Union Bank of India was last trading in BSE at Rs.243.25, up by Rs.5.80 or 2.44%. The stock hit an intraday high of Rs.245.55 and low of Rs.237.80.

The total traded quantity was 1.62 lakhs compared to 2 week average of 1.84 lakhs.

Source : Equity Bulls

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