Union Bank of India to redeem bonds early

Union Bank of India has notified the market of its decision to exercise a call option for certain bonds, leading to their early redemption. This move is subject to regulatory approval, pursuant to SEBI regulations.

The bonds in question are from Bond Series XXVII, identified by ISIN Number INE692A08110, with an issue size of ₹ 500 crores. These bonds carry a coupon rate of 8.73%.

The redemption payment for these bonds is scheduled for December 15, 2025, with the record date set for November 30, 2025. Mangesh Mandrekar, company secretary, signed the intimation on November 25, 2025.