Thursday, October 7, 2021

ICICI Bank executes first term loan derivative deal linked to SOFR

The transactions were carried out with a corporate client through the Bank’s International offices. The value of the transaction will be a tiny one going by the industry trend. "Transaction value would be in the range of $15-20 million," said a market source.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/icici-bank-executes-first-term-loan-derivative-deal-linked-to-sofr/articleshow/86833959.cms

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