ICICI Bank Ltd: Key Developments

ICICI Bank Limited Sells $750 Million In Five Year Notes-Reuters
November 20, 2009
Reuters reported that according to IFR, a Thomson Reuters service, ICICI Bank Limited sold $750 million of five year notes in the 144a private placement market. Bank of America, Credit Suisse, and HSBC were the joint bookrunning managers for the sale.
ICICI Bank Limited Seeks To Sell Five Year Global Bond-DJ
November 19, 2009
Dow Jones reported that ICICI Bank Limited is selling a benchmark U.S. dollar-denominated global bond. It is offering a senior unsecured bond that will mature in March 2015.
ICICI Bank Limited Plans Processing Hub In Hyderabad-DJ
July 2, 2009
Dow Jones reported that according to Business Standard report, ICICI Bank Limited is planning to set up a service center in Hyderabad to house its call centers, back offices and training facilities.
ICICI Bank Limited Eyes $270 Million Savings On Cost Cuts-Reuters
June 22, 2009
Reuters reported that according to the Mint, ICICI Bank Limited aims to save up to $270 million in the current fiscal year that began in April by trimming sales agents and other costs. The paper said the Company confirmed the measures would save up to INR13 billion in 2009/10.
ICICI Bank Limited's ICICI Securities Primary Dealership Ltd Sells Tier-III Bonds- Reuters
June 10, 2009
Reuters reported that ICICI Bank Limited's ICICI Securities Primary Dealership Ltd is selling up to INR 1.25 billion of Tier-III bonds. The bonds, carrying an annual coupon rate of 7.75%, have a tenor of two-years and one month.
advertisement

Page generated 11/22/2009 11:11 PM Eastern Time

MSN Money
Search MSN Money
Message Boards
Site Status