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Fitch Ratings assigned and finalized ratings for Union Bank of India’s USD600 million senior bonds
27-Aug-26 20:49Hrs IST

Union Bank of India announced ratings actions across several instruments from Fitch Ratings, including an initial rating of BBB- for XS3485474533, a 3-year USD-denominated senior unsecured note, and XS3485474707, a 5-year USD-denominated senior unsecured note; Fitch also assigned a final rating of BBB- to USD600 million senior bonds, as well as assigned and finalized ratings for USD300 million 5.230% senior unsecured notes due August 2029, and USD300 million 5.417% senior unsecured notes due August 2031, both with amounts of USD300 million; furthermore, Fitch assigned new ratings to the senior unsecured long-term rating (BBB-), senior unsecured LT (xgs) (BB), senior unsecured LT (BBB-), senior unsecured (BBB-), and senior unsecured (xgs) (BB(xgs)), while also finalizing the senior unsecured rating for USD600 million senior bonds.

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