ICICI Bank announces $1 billion dollar bond sale, marking the largest issue by an Indian private lender in 14 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

ICICI Bank is returning to dollar debt markets after nine years. The lender seeks to raise at least $500 million through a five-year bond. This issuance leverages the central…