Loan & Debt14 Jul 2026, 11:20 pm
Axis Bank Allots US$100M 6.875% Additional Tier 1 Notes
AI Summary
Axis Bank Limited has successfully allotted US$100,000,000 of 6.875% Additional Tier 1 Notes (AT 1 Notes). These notes will be consolidated with the existing U.S.$500,000,000 6.875% AT 1 Notes issued on June 30, 2026. The issuance complies with applicable laws and regulatory requirements. The AT 1 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 US$100 million in 6.875% Additional Tier 1 Notes.
- Notes will consolidate with existing US$500 million AT 1 Notes.
- Issuance completed per regulatory requirements.
- Notes to be listed on India INX and NSE IFSC.
- Offering is not for Indian residents or registered in the US.
Price Impact
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