Picture of ICICI Securities logo

ISEC ICICI Securities News Story

0.000.00%
in flag iconLast trade - 00:00
FinancialsConservativeMicro Cap

India New Issue-ICICI Securities to issue 3-year bonds, bankers say

MUMBAI, Nov 19 (Reuters) - India's ICICI Securities ICCI.NS plans to raise up to 5 billion rupees ($56.55 million), including a greenshoe option of 2.5 billion rupees, through the sale of bonds maturing in three years, three bankers said on Wednesday.

It has invited coupon and commitment bids for the issue on Friday, they said.

The company did not immediately respond to a Reuters email seeking comment.

 Here is the list of deals reported so far on November 19:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
ICICI Securities3 yearsTo be decided2.5+2.5November 21AAA (Crisil, Icra)
* Size includes base plus greenshoe for some issues ($1 = 88.4160 Indian rupees) (Reporting by Dharamraj Dhutia and Khushi Malhotra) ((Dharamraj.dhutia@tr.com, Khushi.malhotra@tr.com))

Recent news on ICICI Securities

See all news