ICICI Bank and Axis Bank have returned to the U.S. dollar debt market, each looking to raise $300 million through upcoming bond issues, set to close for subscription next week. Notably, last month saw ICICI Bank raise a substantial $1 billion while Axis Bank secured $800 million. This bond issuance utilizes the Reserve Bank of India's hedging facility to facilitate smoother transactions.
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ICICI Bank and Axis Bank raise $300 million each in U.S. dollar debt market for the second time in two months.
ICICI Bank successfully issued a five-year dollar bond worth $1 billion, achieving a notably tighter spread. This offering stands…
Axis Bank has successfully secured USD 300 million from international investors, aimed at bolstering its growth initiatives. With…
ICICI Bank is returning to dollar debt markets after nine years. The lender seeks to raise at least $500 million through a…
ICICI Bank's $1 billion dollar bond sale via GIFT City, which drew strong global investor demand and secured lower borrowing…
ICICI Bank successfully raised one billion dollars through its inaugural dollar bond sale. This strong investor demand allowed…
