India New Issue-ICICI Securities to issue 3-month CP - bankers

ICICI Securities

21/07/2023 10:16

(NOTE TO SUBSCRIBERS: Reuters is considering discontinuing the following 'India
New Issue' report. If you have feedback or questions, please contact India
Financial News Editor Ira Dugal Ira.Dugal@thomsonreuters.com prior to July 31)
       MUMBAI, July 21 (Reuters) - India's ICICI Securities plans to raise
funds by selling commercial papers maturing in three months, at a yield of
7.20%, three merchant bankers said.


 Below is the list of deals reported so far on July 21: 
 Issuer Name        Instrument  Tenure (in    Yield     Amount (in bln
                    type        months)       (in %)    rupees)
 ICICI Securities   CP          3             7.20      5
 
($1 = 82.0000 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Sohini Goswami)
 ((Dharamraj.dhutia@tr.com))