IFLR1000

ICICI Bank $700 million 4% bond issue

14/3/2016
Investment grade bond/note issue
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$ 700 million

Completed

14/3/2016

Overview:

  • ICICI Bank has issued $700 million in new bonds.
  • The 4% bonds due 2026 were issued under the bank's $7,5 billion GMTN programme.
  • The notes were issued by ICICI Bank’s DIFC branch.
  • Bank of America Merrill Lynch, Barclays, Citigroup, Crédit Agricole, HSBC and Mitsubishi UFJ Financial Group acted as underwriters.

Katrin Kostadinova - Data analyst 

Jurisdictions:

India
United Arab Emirates

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

India

Industry sector:

Financial services

Firms:
Davis Polk & Wardwell

Party: ICICI Bank (Issuer)

Latham & Watkins

Party: Barclays Bank (Underwriter)

Party: Citigroup Global Markets (Underwriter)

Party: Mitsubishi UFJ Securities International (Underwriter)

Party: Bank of America Merrill Lynch (Underwriter)

Party: HSBC (Underwriter)

Party: Crédit Agricole (Underwriter)

Lawyers: Michael Sturrock, Min Yee Ng

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