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ICICI Bank raises $500 million via international bond

08 Dec 2017 Evaluate

ICICI Bank, acting through its DIFC (Dubai) branch, has priced an issuance of 10 year fixed rate notes for an aggregate principal amount of $500 million. The notes were sold under the 144A/RegS format. The notes carry a coupon of 3.80% and were offered at an issue price of 99.728.

ICICI Bank is engaged in providing a range of banking and financial services, including commercial banking, retail banking, project and corporate finance, working capital finance, insurance, venture capital and private equity, investment banking, broking and treasury products etc.

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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