BANKING
| ICICI raises $750 million in bonds from overseas market Thu, 16 Aug 2012 14:54:00 +0530 |
| Business Standard Economy Policy News Private sector lender ICICI Bank today said it has raised $750 million through bonds in the international market. The five-and-a-half-year fixed rate notes carry a coupon rate of 4.70%, ICICI Bank said in a statement. The bonds, the bank said, were sold through its Dubai branch. The offering, it said, had an order book of $5.7 billion with interest from over 312 investors. ICICI Bank has a consolidated total assets of $119 billion as on March 31, 2012. Its presence spans around 19 countries. The bank's scrip at BSE was trading at Rs 964.50, 0.47% down from its previous close. |
Online Poll