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S&P: Icici Bank notes BBB-
Standard & Poor's said it assigned a BBB- long-term issue rating to a proposed issue of Singapore dollar-denominated senior unsecured notes by Icici Bank Ltd.
The ratings reflect the bank's long-term issuer credit rating.
The proposed notes will constitute direct, unconditional, unsecured and unsubordinated obligations of Icici Bank. They shall at all times rank at par among themselves and with all other unsecured obligations of the bank.
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