ICICI Bank Prices $500M Senior Unsecured Notes

ICICI Bank Limited, through its IFSC Banking Unit, has priced USD 500 million in Senior Unsecured Fixed Rate Notes. These notes are part of the bank's USD 7.5 billion Global Medium Term Note Programme. The issuance is a RegS Registered Drawdown, with the net proceeds intended for general corporate purposes. The notes have a tenure of 3 years, with a coupon rate of 5.308% payable semi-annually. They are proposed to be listed on the Global Securities Market of India International Exchange IFSC Limited, Debt Securities Market of NSE IFSC Limited, and SGX-ST. The notes are unsecured and will mature on September 3, 2029.