ICICI Bank - Repurchase and Subsequent Extinguishment of Bonds
ICICI Bank Ltd has informed BSE that the Bank has repurchased and subsequently extinguished bonds aggregating to the face value US $ 50 million out of the US$ 750 million 5.75% bonds due 2012 issued from its Bahrain Branch on January 12, 2007 on a stand-alone basis.
The repurchase is carried out through open market purchases by a dealer acting on behalf of the Bank.
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