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Axis Bank mandates bookrunners for dollar-denominated benchmark bonds
By Christine Van Dusen and Paul A. Harris
Atlanta, Oct. 22 - Axis Bank (Baa2/BBB-/) has mandated Barclays, HSBC, JPMorgan and Standard Chartered Bank for a benchmark-sized, dollar-denominated offering of bonds, a market source said Thursday.
The Regulation S-only issue will be launched subject to market conditions.
A roadshow will begin on Monday in Singapore and move on to Hong Kong on Tuesday and to London on Wednesday.
Axis Bank is a Mumbai, India-based bank.
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