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Published on 11/14/2012 in the Prospect News Emerging Markets Daily.

New Issue: India's Icici Bank sells RMB 500 million add-on to 4.9% notes due 2015 to yield 4.66%

By Christine Van Dusen

Atlanta, Nov. 14 - India's Icici Bank Ltd. priced a RMB 500 million add-on to its existing 4.9% notes due Sept. 21, 2015 (Baa2/BBB-/) at 100.625 to yield 4.66%, a market source said.

HSBC and Standard Chartered Bank were the bookrunners for the Regulation S deal.

The original issue totaled RMB 500 million and priced at par.

Icici Bank is a lender based in Mumbai, India

Issuer:Icici Bank Ltd.
Amount:RMB 500 million
Maturity:Sept. 21, 2015
Description:Notes
Bookrunners:HSBC, Standard Chartered Bank
Coupon:4.9%
Price:100.625
Yield:4.66%
Trade date:Nov. 14
Settlement date:Nov. 21
Ratings:Moody's: Baa2
Standard & Poor's: BBB-
Distribution:Regulation S
Price talk:100.625, or 4.66%

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