ICICI Bank pulls volte face and makes lower tier two call
ICICI Bank shocked investors last week when it revealed that it was not going to call a small, privately-placed lower tier two bond falling due next month. But those investors got another, more welcome surprise at the weekend — when ICICI changed its mind, and said it would call the bond after all.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts