09.01.2013 10:39:00
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ICICI Bank Limited, Dubai Branch -- Moody's assigns Baa2 to ICICI Bank's SGD senior unsecured bond issuance
Singapore, January 09, 2013 -- Moody's Investors Service has assigned a Baa2 rating to ICICI Bank Limited (ICICI Bank)'s, acting through its Dubai branch, proposed public issuance of SGD denominated senior unsecured notes up to SGD 250 million under its US$ 5 billion Global Medium Term Note (GMTN) program. The bonds will have a 7-year maturity and will be listed on the Singapore Stock Exchange ("SGX-ST"). The rating carries stable outlook.