After successfully raising $80 Mn through 4.9% Yuan bonds, ICICI Bank attracts another round of fund raising through Yuan bonds.
The bank offered $500 Mn Yuan 3 year dim sum bond at re-offered rate of 4.66%, through its Singapore branch with books in excess of 1.9 Bn Yuan from over 70 accounts.
HSBC and Standard Chartered Bank are the arrangers.
Hong Kong and Singapore investors took up 56% and 31% respectively, followed by Taiwan (5%) and Europe (8%).
Comp-U-Learn Tech India is set to sell its total holding in Astus Technologies Inc., according to a BSE disclosure by the company.
ANZ Banking Group, Australia’s fourth largest bank by market capitalization, is weighing its options to sell a part or entire of its life insurance and pension products unit. The aim of this divestment is to raise capital funds.