ICICIs Rs 400-crore bonds offering
By Our Banking Bureau | 12 Dec 2001
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Mumbai: ICICI is entering the market with a public offering of bonds worth Rs 400 crore. The offering will be in the form of unsecured redeemable debentures along with a green-shoe option worth Rs 400 crore for oversubscription. The issue opens on 15 December and closes on 29 December.
Interest rates for the bonds range between 8.75 per cent and 10 per cent. There will be six types of bonds on offer: tax-saving bond, encash bond, regular income bond, money multiplier bond, children growth bond and floating-rate bond.
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