By Rebecca Melvin
New York, June 28 – Icici Bank Ltd. said it issued on Friday $100 million five-year floating-rate notes to yield Libor plus 145.5 basis points, according to a regulatory release.
The notes were sold through the bank’s Dubai branch and pursuant to approval from the bank’s directors on May 6.
Icici Bank is based in Mumbai.
| Issuer: | Icici Bank Ltd. Dubai Branch
|
| Issue: | Floating-rate notes
|
| Amount: | $100 million
|
| Maturity: | 2024
|
| Yield: | Libor plus 145.5 bps
|
| Settlement date: | June 28
|
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