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ICICI Bank prices $1 billion debt at tighter spread

Source: The Hindu
Category: General
Region: General
Published: July 24, 2026 at 15:41

πŸ“ Summary

The bank set the ​coupon at 100 basis points over U.S. Treasuries, sharply ⁠lower the initial guidance of 130 basis points, for its first dollar debt sale in nearly nine years. The coupon works out to be β€Œ5.46%.

πŸ”— Read Full Article at The Hindu ✨ Extract Article
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bank debt coupon basis points icici prices billion tighter spread

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