StockWatch
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Commercial Banks
Loan & DebtAug 7, 2026, 06:12 AM

ICICI Bank Prices $300M Senior Unsecured Fixed Rate Notes

AI Summary

ICICI Bank Limited, through its IFSC Banking Unit, has priced USD 300 million Senior Unsecured Fixed Rate Notes. These notes are issued under the Bank's USD 7.5 billion Global Medium Term Note Programme and carry a coupon of 5.352% with a 5-year tenure, maturing on August 13, 2031. The net proceeds from the issue will be utilized for general corporate purposes and are proposed to be listed on the Global Securities Market of India International Exchange IFSC Limited and Debt Securities Market of NSE IFSC Limited.

Key Highlights

  • Priced USD 300 million Senior Unsecured Fixed Rate Notes.
  • Issued under the Bank's USD 7.5 billion Global Medium Term Note Programme.
  • Notes have a 5-year tenure, maturing on August 13, 2031.
  • The coupon rate for the notes is 5.352%.
  • Proceeds will be used for general corporate purposes.
  • Notes proposed to be listed on Global Securities Market of India International Exchange IFSC Limited and Debt Securities Market of NSE IFSC Limited.