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Prospect News home > News index > List of issuers T > Headlines for Tenders 2008 > News item
Published on 3/7/2008 in the Prospect News Emerging Markets Daily and Prospect News Investment Grade Daily.

India's ICICI Bank buys back $50 million of its 6 5/8% notes

By Susanna Moon

Chicago, March 7 - ICICI Bank Ltd. said it repurchased $50 million of its 6 5/8% notes due 2012.

The bank issued $2 billion of the notes through its Bahrain branch on Oct. 3 on a standalone basis.

ICICI said the repurchase was carried out through the open market. A dealer acted on behalf of the Mumbai, India-based retail lender.


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