ICICI raises $750m worth bonds from overseas market

The five-and-a-half-year fixed rate notes carry a coupon rate of 4.70%, ICICI Bank said in a statement.

The bonds, the bank said, were sold through its Dubai branch.

The offering, it said, had an order book of USD 5.7 billion with interest from over 312 investors.

ICICI Bank has a consolidated total assets of USD 119 billion as on March 31, 2012.

Its presence spans around 19 countries.

The bank's scrip at BSE was trading at Rs 964.50, 0.47% down from its previous close.