ICICI Bank, India's second-largest private lender, is tapping the U.S. dollar-denominated bond market for the fourth time in a month, under the central bank's discounted window, which will push overall issuances by banks above $10 billion.
ICICI Bank is planning to raise $1 billion through private placement of five-year bonds at a coupon of 5.41%, two merchant bankers said, requesting anonymity as they are not authorised to speak to media.
