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ICICI Bank Ltd Announces Selling Of Seven Years Bonds-The Economic Times

Tuesday, 11 Dec 2012 05:10am EST 

The Economic Times reported that ICICI Bank Ltd is aiming to raise at least CHF100 million via a seven year bond sale. The Company has set guidance at 228 basis points over midswaps, with a fixed coupon of 2.75 per cent, the source added. The issuance is rated 'Baa2' by Moody's and 'BBB' by S&P. Deutsche Bank is the sole arranger of the deal and the book will remain open until the end of the day. 

Company Quote

-6.8 -0.47%
1 Oct 2014