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ICICI Bank raises $300 million through international bond offering

03 Mar 2017 Evaluate

ICICI Bank acting through its DIFC (Dubai) branch, priced an issuance of 5.5 year fixed rate notes for an aggregate principal amount of $300 million. The notes were sold under the RegS format. The notes carry a coupon of 3.25% and were offered at an issue price of 99.447.

ICICI Bank is India’s largest private sector bank by consolidated assets. The Bank’s consolidated total assets stood at $144.7 billion at September 30, 2016.



Peers
Company Name CMP
HDFC Bank 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
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