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India's Icici Bank sets talk in 360 bps area for dollar 51/2-year notes; pricing expected Monday
By Christine Van Dusen
Atlanta, Nov. 18 - India's Icici Bank Ltd. set talk in the Treasuries plus 360 basis points area for its dollar-denominated offering of benchmark-sized notes due in 5½ years (expected ratings: Baa2/BBB-/), a market source said.
BofA Merrill Lynch, Barclays, Citigroup, Deutsche Bank, HSBC and Standard Chartered Bank are the bookrunners for the Rule 144A and Regulation S deal.
The notes are expected to price on Monday.
Icici Bank is based in Mumbai, India.
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