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Provider: Thomson Reuters Stock Report
Provider: MacroRisk Analytics/EconomicInvestor
Provider: Wright Reports
Provider: Reuters Investment Profile

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ICICI Bank Ltd Raises SGD225 Million From Seven Year Bond Sale Programme-Business Standard

Thursday, 10 Jan 2013 10:33am EST 

Business Standard reported that ICICI Bank Ltd has raised SGD225 million from a seven-year bond sale programme through its Dubai branch at a coupon rate of 3.65%. The bank had given an initial price guidance of 4% while the final pricing saw of tightening of 0.35%. The issue was oversubscribed by over 13 times to SGD3 billion, the lead banker to the issue StanChart said. StanChart, HSBC and ANZ were the lead managers to the issue, which was closed on January 10, 2013. 

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