India
ICICI bank raises $750 mln via bonds issue in Bahrain
New Delhi | Saturday, Nov 21 2009 IST
The country's leading private sector lender, ICICI Bank Ltd, today said it has raised 750 million dollar through the issue of 5.33-year fixed rate bonds at its Bahrain branch. Over 250 investors participated in the issue which has an order of more than three billion dollar, the Bank said in a statement. The bonds carry a coupon of 5.5 per cent, which translates to 292.6 basis points spread over equivalent Libor, it added. -- (UNI) -- 21DC4.xml
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