Fitch Ratings has assigned India-based Bank of Baroda's (BOB; BBB-/stable) USD 750 million senior unsecured notes due July 2019 a final rating of 'BBB-'.

This follows the completion of the securities issue, as well as the receipt of final documents conforming to information previously received. The final rating is the same as the expected rating assigned on Jan. 6, 2014.

The notes, issued by BOB's London branch, have been priced at 325bp above comparable US Treasurys and carry a maturity of 5.5 years.

Shares of the bank declined Rs 1, or 0.16%, to trade at Rs 630.65. The total volume of shares traded was 23,300 at the BSE (11.14 a.m., Thursday).