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Published on 3/11/2022 in the Prospect News Emerging Markets Daily.

New Issue: India’s Icici Bank allots Rs. 8 billion 7.12% debentures at par

Chicago, March 11 – Icici Bank Ltd. allotted Rs. 8 billion of 7.12% senior redeemable long-term bonds (CARE: AAA/ICRA: AAA), according to a 6-K filing with the Securities and Exchange Commission.

The debentures were issued at par.

The bonds are redeemable on March 11, 2032.

The bonds will be listed on the NSE.

Icici Bank is based in Mumbai.

Issuer:Icici Bank Ltd.
Amount:Rs. 8 billion
Issue:Debentures
Coupon:7.12%
Price:Par
Yield:7.12%
Allotment date:March 11
Ratings:CARE AAA
ICRA: AAA

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