ABS issue wins ICICI Bank the chequered flag
India's largest ever securitization transaction concluded recently with ICICI Bank raising the equivalent of US$181 million in a multi-tranche bond issue backed by auto loans. The deal, which was more than double the previous record, confirms the growing acceptance of securitization among local investors. Mark B. Johnson reports.
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