ICICI Bank Plans First Benchmark Dollar Bond Sale Since 2017

1 sourceFirst reported 19 days agoUpdated 19 days ago

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ICICI Bank is considering its first benchmark dollar bond sale since 2017.
The bank aims to raise a minimum of $500 million in offshore bonds.
This move follows a recent concession from the Reserve Bank of India regarding overseas borrowings.
The information was reported by sources familiar with the discussions.
ICICI Bank is India's second-largest private-sector lender.

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ICICI Bank Mulls First Benchmark Dollar Bond Sale Since 2017Bloomberg · 19 days ago

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AI summary: catch up in 20 seconds

ICICI Bank is considering its first benchmark dollar bond sale since 2017.
The bank aims to raise a minimum of $500 million in offshore bonds.
This move follows a recent concession from the Reserve Bank of India regarding overseas borrowings.
The information was reported by sources familiar with the discussions.
ICICI Bank is India's second-largest private-sector lender.

Generated by AI from the 1 sources below · always verify with the originals