ICICI Bank to raise Rs 1,200 cr through bond issue

ICICI Bank, the country's second largest lender, today said it plans to raise Rs 1,200 crore through the issue of upper tier-II bonds.

The bonds carry a coupon rate of 9.95 per cent and have a tenure of 15 years with a call option after 10 years, an ICICI Bank spokesperson told PTI here.

The issue has a green shoe option of Rs 300-crore.