Bank of India - Issuance of long-term infrastructure bonds

Khaitan & Co advised Bank of India (“Client”) in relation to the issue of listed, unsecured, redeemable, non-convertible, taxable, fully paid-up long term infrastructure bonds in the nature of debentures on a private placement basis for an aggregate value of INR 10,000 crores, comprising of a base issue size of INR 5,000 crores and a green shoe option to retain oversubscription of up to INR 5,000 crores, in accordance with the Reserve Bank of India (Commercial Banks- Resource Raising Norms) Directions, 2025 and other applicable regulations and guidelines.