Friday, June 22, 2007

UPDATE 1-ICICI share sale well covered, pricing seen high

(Reuters) - MUMBAI, June 22 - India's second-largest lender
ICICI Bank is set to price its $4.9 billion share sale at the
top end of the range after the local order book was filled more
than 11 times, bankers said.




Demand for the country's biggest ever share sale was boosted
by a significant bid from Singapore's Temasek Holdings [TEM.UL]
and private equity firm Warburg Pincus, but retail interest was
less strong.


Read more at Reuters.com Bonds News

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