SBI picks banks for $500m overseas bond sale
Mumbai - Arabstoday
State Bank of India (SBI) plans to raise at least $500 million through a five-year overseas bond sale as soon as this month, two sources with direct knowledge said, potentially reopening the dollar bond market for Indian issuers after a lull of four months. The country’s biggest lender has hired Citigroup, Bank of America Merrill Lynch, Barclays Capital, Deutsche Bank, JP Morgan and UBS for the issue, said the sources, declining to be named as the process is not public yet. SBI, which last sold overseas bonds in early 2011, will launch the issue depending on market conditions, and is working out a schedule for investor meetings, the sources said.
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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