ICICI Bank is planning to raise Rs 1,000 crore of funds through infrastructure bonds. The lender is planning to issue 10-year bonds worth Rs 500 crore with an equal over-allotment option. The coupon rate of these semi-annual, 10-year bonds is likely to be 9.15 per cent. Initially, ICICI Bank is testing the market with a smaller issue and might raise more money later, depending on the market appetite.
FlashNews:
AM/NS India Wins First PMâSETU Approval, as Andhra Pradesh Leads ITI Transformation
NHAI Finalises Highway Monetisation Plan for FY2026â27
Sonowal Launches Port Performance Index, Digital Maritime Reforms to Boost Competitiveness
MGL and Fourth Partner Energy Ink MoU for Clean Energy Push
IGIA Deploys SKYCAST, Indiaâs First NextâGen AllâWeather Station to Boost Aviation Safety
REC Signs MoU with ERDA to Strengthen Quality Assurance under RDSS
SEIL Energy India Hosts South Indiaâs First C&I Conference
AM/NS India Sets Global Benchmark with UltraâHigh Strength Welded Pipes
CleanMax Raises $575 Million for 1 GW Renewable Push in Rajasthan and Karnataka
ADR Adopted at BRICS Meet, Meghwal Pedals for Sustainability
The New Power Corridor
Mumbaiâs Rooftop Solar Revolution: Tata Power Consumers Slash Bills by 50%
GAIL Posts âđ69.68 Billion Profit for FY2025-26 Amid Global Headwinds
RRP Defense Secures âđ298 Million BEL Order for Germanium Lenses
Noida International Airport: Indiaâs New Visiting Card
India, Korea Ink Landmark MoU for Thoothukudi Mega Greenfield Shipyard
Air India Slashes 29 International Routes Amid ATF Price Surge
WABAG, PEAK Partner on Ghaziabad Bio-CNG Plant to Boost Energy Security
DFCCIL, ICFAI Forge Partnership to Drive Innovation in Logistics
Home » ICICI Bank plans infra bonds
ICICI Bank plans infra bonds
Infrastructure Finance
August 1, 2014August 1, 2014
Leave a Reply
You must be logged in to post a comment.