MUMBAI Feb 11 Bank of India is hoping
to raise up to $500 million in dollar bonds, and is expected to
meet investors in Europe and Asia later this month, two sources
with direct knowledge of the deal said.
The lender has picked Barclays Capital, Citigroup,
HSBC, Deutsche Bank, JP Morgan and
Bank of America-Merrill Lynch to arrange the investor
meetings, said the sources.
The firm completed the U.S. leg of investor meetings in
early February, they said.
The bank will closely watch the markets and decide on a deal
when the time is appropriate, one of the sources said.
(Reporting by Archana Narayanan)