ICICI Bank issues $1 billion 10-year bond

ICICI Bank’s inaugural 10-year US dollar issue is well supported in the primary market and tightens 5bp on the first day of trading.
November 10, 2010

ICICI Bank has sold $1 billion worth of senior unsecured 5.75% fixed-rate 10-year bonds, marking the first senior US dollar deal with a 10-year maturity to be issued by an Indian bank.

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