|Chennai||Rs. 24470.00 (1.37%)|
|Mumbai||Rs. 24900.00 (0.97%)|
|Delhi||Rs. 24200.00 (1.26%)|
|Kolkata||Rs. 24160.00 (0%)|
|Kerala||Rs. 24000.00 (0.63%)|
|Bangalore||Rs. 23800.00 (0%)|
|Hyderabad||Rs. 24140.00 (1.17%)|
ICICI Bank, India's biggest private sector lender, is aiming to raise at least 100 million Swiss francs via a 7-year bond sale, a source close to the deal said on Tuesday.
ICICI has set guidance at 228 basis points over midswaps, with a fixed coupon of 2.75 percent, the source added. The issuance is rated 'Baa2' by Moody's and 'BBB' by S&P.
Deutsche Bank is the sole arranger of the deal, the source also said, and the book will remain open until the end of the day.