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Published on 3/27/2014 in the Prospect News Emerging Markets Daily.

India's Icici Bank sets talk in mid-swaps plus 250 bps area for Australian dollar five-year notes

By Christine Van Dusen

Atlanta, March 27 - India's Icici Bank Ltd. set talk in the mid-swaps plus 250 basis points area for an offering of at least A$100 million notes due April 3, 2019 (Baa2/BBB-/), a market source said.

ANZ and HSBC are the bookrunners for the Regulation S deal.

The notes will be issued by the lender's Bahrain branch.

Icici Bank is based in Mumbai, India.


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