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India's ICICI Bank buys back $50 million of its 6 5/8% notes
By Susanna Moon
Chicago, March 7 - ICICI Bank Ltd. said it repurchased $50 million of its 6 5/8% notes due 2012.
The bank issued $2 billion of the notes through its Bahrain branch on Oct. 3 on a standalone basis.
ICICI said the repurchase was carried out through the open market. A dealer acted on behalf of the Mumbai, India-based retail lender.
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