ICICI Bank Leads India Dollar Debt Sales Past $10B
ICICI Bank has led Indian lenders in raising over $10 billion in dollar debt following a central bank swap window. The bank raised $3.05 billion to surpass peers. The concessional window concludes at the end of August.
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ICICI Bank Ltd is raising $1 billion via private bond placement, pushing total India lender dollar debt sales past $10 billion. The fundraising wave follows a concessional central bank swap window for foreign-currency deposits. Lenders are rushing to complete offshore issuances ahead of the window's early closure on August 31.
