ICICI goes overseas again with ¥50bn pro-bonds

By Rev Hui
24 Jun 2013

ICICI has set up a ¥50bn ($511m) debt programme on Japan's pro-bond market, further diversifying its currency options after having issued in seven foreign currencies in the last 12 months.

If an issue emerges, it would be only the second time that an India bank had tapped yen. It would also be only the second ever issue of any kind on the pro-bond market.

Barclays Securities Japan is arranging the debt programme and a Tokyo banker close to the ...

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