Loan & Debt13 Aug 2026, 08:40 pm
ICICI Bank Completes Issuance of $300M Senior Unsecured Notes
AI Summary
ICICI Bank Limited, through its IFSC Banking Unit, has successfully completed the issuance of USD 300 million Senior Unsecured Fixed Rate Notes. These notes are part of the bank's USD 7.5 billion Global Medium Term Note Programme. The issuance has received ratings of BBB from S&P Global Ratings and Baa3 from Moody’s Ratings. 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. This issuance is not for distribution in the United States and does not constitute an offer to sell securities in the US.
Key Highlights
- ICICI Bank issued $300 million in Senior Unsecured Fixed Rate Notes.
- Notes are rated BBB by S&P and Baa3 by Moody's.
- The issuance is part of a $7.5 billion Global Medium Term Note Programme.
- Notes will be listed on India International Exchange IFSC and NSE IFSC.
- This is a debt issuance, not an equity offering.
Price Impact
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