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ICICI raises $750 million in bonds from overseas market

ICICI Bank has a consolidated total assets of $119 billion as on March 31, 2012

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Press Trust of India New Delhi
Last Updated : Jan 25 2013 | 4:04 AM IST

Private sector lender ICICI Bank today said it has raised $750 million through bonds in the international market.

The five-and-a-half-year fixed rate notes carry a coupon rate of 4.70%, ICICI Bank said in a statement.

The bonds, the bank said, were sold through its Dubai branch.

The offering, it said, had an order book of $5.7 billion with interest from over 312 investors.

ICICI Bank has a consolidated total assets of $119 billion as on March 31, 2012.

Its presence spans around 19 countries.

The bank's scrip at BSE was trading at Rs 964.50, 0.47% down from its previous close.

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First Published: Aug 16 2012 | 2:54 PM IST

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