Punjab National Bank (PNB) raised approximately INR 3,788.04 crore through a qualified institutions placement of 1,06,70,52,910 equity shares of face value INR 2 each, at a price of INR 35.50 per equity share (at a discount of 4.95% i.e., INR 1.85 per equity shares on the Floor Price), including a premium of INR 33.50 per equity share, according to reports.
Cyril Amarchand Mangaldas advised the
Crawford Bayley & Co advised
Squire Patton Boggs (MEA) LLP acted for the
2020-12-15
Deal value: INR 3,788.04 crore
This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.