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Published on 12/8/2014 in the Prospect News Emerging Markets Daily.

India’s Icici Bank to print up to $200 million tap of 3½% 2020 notes

By Christine Van Dusen

Atlanta, Dec. 8 – India’s Icici Bank Ltd. is looking to print up to $200 million of notes in a tap of its 3½% bonds due March 18, 2020 (Baa2/BBB-/), a market source said.

The original issue priced in September at 99.653 to yield Treasuries plus 180 basis points with BofA Merrill Lynch, Citigroup, Deutsche Bank and HSBC.

Icici Bank is based in Mumbai.


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