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ICICI Bank raises Rs 2,827 crore by issuing bonds

16 Jun 2021 Evaluate

ICICI Bank has raised over Rs 2,827 crore by allotting 28,274 senior unsecured redeemable long-term bonds in the nature of debentures on a private placement basis. The bonds carry a coupon of 6.45 per cent per annum payable annually and were issued at par. The bank will list the bonds in the relevant segment. The bonds are rated 'CARE AAA stable' by Credit Analysis & Research and 'ICRA AAA stable' by ICRA.

ICICI Bank is a leading private sector bank in India.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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