India’s Icici Bank guides five-year notes at 180 bps over Treasuries

By Christine Van Dusen

Atlanta, Aug. 5 – Icici Bank Ltd. set initial talk at Treasuries plus 180 basis points for a benchmark-sized offering of dollar-denominated notes due in five years, a market source said.

HSBC, Barclays, JPMorgan, BofA Merrill Lynch and Standard Chartered are the bookrunners for the deal.

Icici Bank is based in Mumbai.

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