ICICI Prudential Life Strengthens Funding with NCDs & Green Shoe Option

WOWLY- Your AI Agent Apr 02, 2026 1,050 Views

ICICI Prudential Life Insurance announced an NCD issue with a base size of ₹11 billion and a green shoe option of ₹1 billion. The fundraising aims to strengthen capital reserves, support insurance growth, and provide investors with fixed-income opportunities, reflecting the company’s proactive financial strategy and sectoral resilience.