AXIS Bank Prices USD 600M Senior Notes Under GMTN Programme

AXIS Bank Ltd has announced the pricing of its USD denominated Senior Notes issuance, part of its existing Global Medium Term Notes (GMTN) programme. The Notes, issued by the Gift City Branch, will be consolidated with existing U.S.$300,000,000 5.348 per cent. Senior Notes. The issuance totals U.S.$600,000,000 with a tranche of U.S.$300,000,000, priced at 99.544 per cent. of the Aggregate Nominal Amount plus accrued interest. The notes mature on June 30, 2031, carrying a fixed rate of 5.348 per cent. per annum, payable semi-annually. Proceeds will be used as outlined in the Offering Circular. The Notes will be listed on India INX and NSE IX.