• Both the debt placements will close for subscription next week and will be placed privately Published August 7, 2026 Updated about 12 hours ago MUMBAI: Two Indian private sector lenders have tapped U.S. dollar denominated debt market for the second time in less than two months, to raise $300 million each, two merchant bankers said on Friday. ICICI Bank will issue five-year bonds at a coupon of 5.3520%, payable semi-annually. Axis Bank will raise these funds through reissue of its 5.3480% June 2031 bonds, which will take the outstanding issuance to $600 million. Both the debt placements will close for subscription next week and will be placed privately. ICICI Bank sets initial guidance for first dollar bond in nearly 9 years, bankers say Last month, ICICI Bank raised $1 billion through five-year bonds at a coupon of 5.46%, in what was the largest such issue by an…