Loan & Debt30 Jun 2026, 07:11 pm
Axis Bank Allots $800M in Notes
AI Summary
Axis Bank Limited has successfully allotted US$500,000,000 6.875% Additional Tier 1 Notes and US$300,000,000 5.348% Senior Notes, totaling US$800 million. These notes are part of its US$5,000,000,000 Global Medium Term Note Programme. The issuance complies with applicable laws and regulatory requirements. 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 adheres to U.S. Securities Act exemptions.
Key Highlights
- Axis Bank allotted $800 million in Additional Tier 1 and Senior Notes.
- Notes issued under the $5 billion Global Medium Term Note Programme.
- Securities to be listed on India International Exchange and NSE IFSC.
- Issuance complies with Indian and US regulatory requirements.
- Notes are not offered to persons resident in India.
Price Impact
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