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.
Following the RBI rate cut, Kishore Biyani’s Future Retail is planning to raise R1500 by issuing non convertible debentures to replace high cost debt.