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ICICI Bank eyes $500 million dollar bond issue via GIFT City
ICICI Bank is close to raising at least $500 million through five-year dollar bonds via its GIFT City unit, leveraging the RBIs concessional swap facility. The proceeds will support client financing, marking the lenders first US dollar bond issuance in nearly a decade.
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economictimes.indiatimes.com
ICICI Bank eyes $500 million dollar bond issue via GIFT City
ICICI Bank is close to raising at least $500 million through five-year dollar bonds via its GIFT City unit, leveraging the RBIs concessional swap facility. The proceeds will…
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thehindubusinessline.com
ICICI Bank sets initial guidance for first dollar bond in nearly 9 years
The lender is expected to raise at least $500 million through this issue and has provided guidance of a spread of 130 basis points over the corresponding US Treasury yield
