ICICI

The Indian bank priced the dollar-denominated five-year bond below initial guidance as yield-hungry investors sought buying opportunities ahead of an anticipated Fed interest rate hike.

The deal, which included a $260 million sell-down by the government, is priced at the top of the range after being 6.7 times covered.

ICICI Bank and Union Bank of India launch dollar bonds amid keen demand from investors for quality paper.

Power Finance Corp replenishes its capital base by selling new shares, while the government divests a 5% stake.

Nilesh Shah, former CIO at ICICI Prudential AMC, changes course and takes on a strategic role at India's Axis Bank, including overseeing investment banking.

The second government share sale in a month draws strong interest from all categories of investors.

Morgan Stanley lures Anil Ladha to head fixed-income capital markets coverage for India from Mumbai.

ICICI Bank prices 30bp tighter than Axis Bank despite the ongoing market volatility. Also to price on Friday were Bank of East Asia and Li & Fung.

Goldman Sachs installs an ICICI Bank executive director as co-CEO alongside Brooks Entwistle.