ICICI Bank stock slips 0.45% as bank prices $750 mn bond issue

ICICI Bank stock fell 0.45 per cent to ₹1,409 on Tuesday, August 18, as the lender priced a $750 million bond issue. The bank priced these five-year notes at a 5.417 per cent coupon. Despite this dip, the stock has gained 48.21 per cent over the last three years.