ICICI Prudential Life Insurance Company allots NCDs aggregating Rs 1200 cr

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Capital Market
Last Updated : Nov 06 2020 | 5:04 PM IST

On private placement basis

ICICI Prudential Life Insurance Company has allotted 12,000 unsecured, rated, listed, redeemable, subordinated, taxable, fully paid-up, non-cumulative, nonconvertible debentures (Debentures) each bearing a face value of Rs 10,00,000 aggregating to Rs 1200 crore, in the nature of subordinated debt instruments, for cash, at par, in dematerialised form, on a private placement basis.

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First Published: Nov 06 2020 | 4:32 PM IST

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