IDBI to start roadshow Thursday for $300 million five-year notes via JP Morgan, Citigroup

By Paul A. Harris

St. Louis, Feb. 17 - Industrial Development Bank of India plans to start a roadshow Thursday in Singapore for a $300 million offering of notes due 2009 (Baa3//BB+), a market source said.

The roadshow for the Regulation S-only deal will stop on Feb. 20 in Hong Kong and on Feb. 23 in London. Pricing is expected mid-week during the week of Feb. 23.

JP Morgan and Citigroup will run the books.

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