ICICI Bank prices $1 billion debt at tighter spread
The bank set the coupon at 100 basis points over U.S. Treasuries, sharply lower the initial guidance of 130 basis points, for its first dollar debt sale in nearly nine years. The coupon works out to be 5.46%.
· 7/24/2026, 3:41:44 PM· 2 min read
The bank set the coupon at 100 basis points over U.S. Treasuries, sharply lower the initial guidance of 130 basis points, for its first dollar debt sale in nearly nine years. The coupon works out to be 5.46%.
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