ICICI Bank seals $2bn QIP, InterGlobe to follow

By Jonathan Breen
13 Aug 2020

India's placements market is heating up, with new issuers set to raise fresh equity.

ICICI Bank wrapped up its up to Rp150bn ($2bn) qualified institutional placement this week. The price range was set at Rp355-Rp358 and the QIP was priced at Rp358.

An 18-strong syndicate, led by ICICI Securities, finished bookbuilding for the bank's primary share sale on Tuesday morning in ...

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