Loan & DebtJul 24, 2026, 06:07 AM
ICICI Bank prices $1B Senior Unsecured Fixed Rate Notes at 5.459%
AI Summary
ICICI Bank Limited, through its IFSC Banking Unit, has priced USD 1 billion Senior Unsecured Fixed Rate Notes. These notes are issued under the bank's existing USD 7.5 billion Global Medium Term Note Programme. The 5-year notes carry a coupon of 5.459% and will mature on July 30, 2031, with proceeds intended for general corporate purposes.
Key Highlights
- ICICI Bank priced $1 billion Senior Unsecured Fixed Rate Notes.
- Notes issued under the bank's $7.5 billion Global Medium Term Note Programme.
- The notes have a 5-year tenure, maturing on July 30, 2031.
- The coupon rate for the notes is 5.459%.
- Proceeds will be used for general corporate purposes.
- Proposed to be listed on India International Exchange IFSC, NSE IFSC, and SGX-ST.
Price Impact
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