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Private Sector Bank
Loan & Debt21 Aug 2026, 09:30 pm

Axis Bank Allots $300M Senior Notes Under GMTN Programme

AI Summary

Axis Bank Limited has successfully allotted U.S.$300,000,000 5.179 per cent. Senior Notes under its U.S.$5,000,000,000 GMTN Programme. The issuance and allotment comply with applicable laws and regulations. These 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 5.179% per annum.
  • Issuance is part of the bank's $5 billion GMTN Programme.
  • Notes will be listed on India International Exchange and NSE IFSC.
  • Offering is restricted to non-Indian residents.