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Published on 11/1/2011 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Icici Bank UK calls $50 million series 2006 step-up floaters due 2016

By Marisa Wong

Madison, Wis., Nov. 1 - Icici Bank UK plc said that it will redeem its outstanding $50 million of series 2006 step-up floating-rate subordinated notes due 2016 on Dec. 1.

The bonds will be redeemed at par plus accrued interest to the redemption date.

Deutsche Bank AG, London Branch is the agent.

Icici Bank UK is a London-based subsidiary of Icici Bank Ltd., a Mumbai, India-based lender.


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