India's second largest lender, ICICI Bank , said on Saturday it has raised 350 million pounds through sterling-denominated bonds at a price of 83 basis points above UK government bonds. The three-year, fixed-rate bonds were raised by the Bahrain branch of the bank, a bank spokesman said on Saturday.
A source on Friday told Reuters the offering was managed by Deutsche Bank , Citigroup , BNP Paribas and HSBC.ICICI also aims to raise $5 billion in a new share sale in June for which it has mandated Goldman Sachs and Merrill Lynch .
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