ICICI Bank increased about Rs 4,500 cr by using bonds

ICICI Bank in the present day mentioned it has increased  about Rs 4,500 cr by using bonds from overseas market.

The 5.5 yr fixed rate note have a coupon of 4.75 %, ICICI Bank said at a announcement.

All these notes were issued through the bank’s Dubai branch, it said.

The proceed from the release is going to be used to fund the bank’s international operations and for common corporate purposes.

The offering had an-order-book of USD 2.70 bn with strong interest through over 220 buyers, it stated.

The bonds were issued under existing USD 5 bn moderate period notes programme.

Be Sociable, Share!
Tags: , ,

Stock Market Basics For Beginners

Who determines the IPO price?

Who determines the IPO price? The regulators don't play a role in fixing the price for IPO issues. The firm determines the value or price band in discussion along with ...…

Why It Is Necessary To Review Your Mutual Fund Portfolio Year After Year

Why It Is Necessary To Review Your Mutual Fund Portfolio Year After Year A lot of Indian investors buy Mutual funds looking at just one factor that is past returns. Yes, it is one of the important ...…

Invest For Long Time Period And Never Short Time Period

Invest For Long Time Period And Never Short Time Period Invest for Long Time period and never Short Time period : When you determine that your cash can work for you above a long ...…

Role Of Registrar In Issue

Role Of Registrar In Issue Registrar finalize eligible allottes list following eliminating the invalid applications as well as makes sure that the crediting of shares towards the demat-account's of the ...…

IPO Prospectus?

IPO Prospectus? A lot of new firms move public issues. Although a lot of these firms are genuine, quite a few may wish to exploit the investors. ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics