ICICI Bank seals $2bn QIP, InterGlobe to follow

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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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