ICICI Bank - Repurchase & 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 $ 2 billion 6.625% bonds due on 2012 issued from its Bahrain Branch on October 03, 2007 on a stand-alone basis.
The repurchase is carried out through open market purchases by a dealer acting on behalf of ICICI Bank.
Tags: ICICI Bank