StockWatch
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Private Sector Bank
Loan & Debt12 Aug 2026, 11:16 am

Axis Bank Allots $300M Senior Notes

AI Summary

Axis Bank Limited has successfully allotted U.S.$300,000,000 5.348 per cent. Senior Notes. These notes will be consolidated with existing notes under the U.S.$5,000,000,000 Global Medium Term Note Programme. The issuance and allotment comply with applicable laws and regulations. The Notes will be listed on the Global Securities Market of India International Exchange (IFSC) Limited and the Debt Securities Market of NSE IFSC Limited. The offering is not intended for persons resident in India and is not registered under the U.S. Securities Act of 1933.

Key Highlights

  • Axis Bank allotted $300 million in Senior Notes.
  • Notes carry a coupon of 5.348% per annum.
  • Issuance is part of a $5 billion Global Medium Term Note Programme.
  • Notes will be listed on India INX and NSE IFSC.
  • Offering is restricted to non-Indian residents.