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ICICI Bank allots bonds aggregating Rs 5000 cr

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Capital Market

On private placement basis

ICICI Bank has allotted 50,000 senior unsecured redeemable long term bonds in the nature of debentures aggregating to Rs 5,000 crore on private placement basis, date of allotment being 17 December 2021. The bonds are redeemable at the end of 10 years (redemption date being 17 December 2031). There are no special rights/ privileges attached to the bonds.

The bonds carry a coupon of 6.96% p.a. payable annually and were issued at par. The bonds would be listed in the relevant segment of the NSE.

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First Published: Dec 17 2021 | 5:21 PM IST

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