India's Icici Bank talks $500 million to $1 billion notes due March 2015 at Treasuries plus 350 bps

By Christine Van Dusen

Atlanta, Nov. 19 - India's Icici Bank Ltd. set price talk for its planned issue of $500 million to $1 billion senior unsecured fixed-rate notes (Baa2/BBB-/) due March 2015 at Treasuries plus 350 basis points, according to a market source.

The bookrunners for the Rule 144A and Regulation S issue are Bank of America Merrill Lynch, Credit Suisse and HSBC.

Proceeds will be used for general corporate purposes.

Icici Bank is a commercial bank based in Mumbai, India.

© 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.