Last checked at 30 Sep 2013 14:12
Date : 27.09.2013
Ref. No: CC/S&B/MJ/1442
The Executive Director
The BSE Ltd.
Phiroze Jeejeebhoy Tower,
25th Floor, Dalal Street,
Mumbai - 400001
Dear Sir/Madam,
LISTING AGREEMENT: CLAUSE 36:
STANDALONE RULE 144A / REG-S ISSUE
USD SENIOR UNSECURED NOTES : USD 1 BILLION
BUYBACK OF USD 147 MILLION
In terms of Clause 36 of the Listing Agreement, we advise that State Bank of India ("SBI") wishes to announce the repurchase of a principal amount of US$ 147,000,000 (the "Repurchase") of US$1,000,000,000 3.25 per cent bounds due 2018 (the "2018 Bond"). The 2018 Bonds were issued by State Bank of India on 18 April 2013 and are listed on the Singapore Exchange Securities Trading Limited
The Repurchase of the Bond took place between 26th August 2013 and 26th September 2013. We are in the process of cancelling the repurchased 2018 Bonds and the aggregate outstanding principal amount of the 2018 Bonds following such cancellation will be US$853,000,000.
None of the Directors or the controlling shareholder of SBI have any interest, direct or indirect, in the Repurchase.
Yours faithfully,
General Manager