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India's ICICI Bank buys back $50 million of its 5¾% bonds
By Susanna Moon
Chicago, March 24 - ICICI Bank said it repurchased $50 million of its 5¾% bonds due 2012.
ICICI issued $750 million of the bonds through its Bahrain branch on Jan. 12, 2007 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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