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 bank's lower-cost hedging facility. Proceeds will be used for general corporate purposes. The offering will be rated Baa3 by Moody's and BBB by S&P.
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 bank's lower-cost hedging facility. Proceeds will be used for general corporate purposes. The offering will be rated Baa3 by Moody's and BBB by S&P.
<iframe src="https://hindustansphere.com/embed/cluster/a10d461d125db61d1a48d406f833c883413608fd" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="ICICI Bank sets initial guidance for first dollar bond in nearly 9 years, bankers say"></iframe>
