ICICI Bank Ltd.

BSE: 532174 | NSE: ICICIBANK
Large Cap | Bank - Private
1394.00
8.30 (0.60%)
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ICICI Bank raises $700 million through offshore bonds

Date: 15-03-2016

ICICI Bank, acting through its DIFC (Dubai) branch, priced an issuance of 10 year fixed rate notes of an aggregate principal amount of $700 million. The notes were sold under the rule 144A/RegS format. The notes carry a coupon of 4.00% and were offered at an issue price of 99.592.

ICICI Bank is India’s largest private sector bank. The bank’s presence currently spans across 17 international locations.