HALISTER1: Bank of India’s USD Bonds Fall After S&P Cuts Rating to Junk

Bank of India’s USD Bonds Fall After S&P Cuts Rating to Junk

(Bloomberg) -- Lender’s 3.125% USD notes due 2020 fall 0.5 cents on the dollar to 98.66 (bid), their lowest level since March 29, according to prices compiled by Bloomberg.
  • Earlier, S&P downgrades bank’s rating to BB+/stable from BBB-/negative
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
BOI IN (Bank of India)

Topics
Leveraged Finance

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