← Back to the wire

ICICI Bank Launches $1.45 Billion Syndicated Offshore Loan Amid Growing Demand

Deals·1 article across 1 outlet

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

India’s ICICI Bank Ltd. has launched a syndicated offshore loan of about $1.45 billion, according to people familiar with the matter. This move joins a growing number of local banks tapping overseas debt to capitalize on a central bank facility that lowers hedging costs.

ICICI Bank

Sources

Every quote below is verbatim from the article it is attributed to.

SourceReports the news
Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.