ICICI Bank Prices $750M Senior Unsecured Notes

ICICI Bank Limited, through its IFSC Banking Unit, has priced USD 750 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 registered under 144A/RegS and is a Category 2 drawdown. The net proceeds will be used for general corporate purposes. The notes have a tenure of 5 years, with a coupon rate of 5.417% and are set to mature on August 21, 2031. 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.