Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers I > Headlines for ICICI Bank Ltd. > News item |
Icici Bank buys back $16 million subordinated notes
New York, Jan. 27 - Icici UK Bank plc announced it bought back $16 million of its $150 million of perpetual subordinated notes callable in 2016.
The repurchased bonds, which were acquired in open-market purchases, are being extinguished.
The company, which has been steadily buying back its debt, said it may repurchase more of the bonds in future transactions.
Icici Bank, based in Mumbai, India, is a commercial bank.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.