ICICI Bank Limited, acting through its IFSC Banking Unit, priced USD 300 million Senior Unsecured Fixed Rate Notes on August 6, 2026 at 5:45 p.m. under the Bank's USD 7.5 billion Global Medium Term Note Programme.
Key Terms of the Issuance:
- Issuer: ICICI Bank Limited, acting through its IFSC Banking Unit
- Instrument Type: USD denominated Senior Unsecured Fixed Rate Notes
- Issuance Type: RegS Drawdown under Global Medium Term Note Programme
- Issue Size: USD 300 million
- Tenure: 5 years
- Allotment Date: August 13, 2026
- Maturity Date: August 13, 2031
- Coupon Rate: 5.352% per annum
- Interest Payment Schedule: Semi-annual payments on 13 February and 13 August each year, including the maturity date
- Security: Unsecured
- Use of Proceeds: Net proceeds will be used for the Bank's general corporate purposes in accordance with relevant regulatory guidelines
Listing Details:
The Notes are proposed to be listed on:
- Global Securities Market of the India International Exchange IFSC Limited
- Debt Securities Market of the NSE IFSC Limited
Additional Information:
- No special rights, privileges, or changes attached to the instrument
- No delay in payment history or default events
- No comments regarding payment/non-payment of interest or principal
- No cancellation or termination of the issuance proposal
- The document contains a standard disclaimer that this is not an offer of securities for sale in the United States and the securities are not registered under the United States Securities Act of 1933
Distribution:
Copy of the disclosure was sent to:
- New York Stock Exchange (NYSE)
- Singapore Stock Exchange
- Japan Securities Dealers Association
- SIX Swiss Exchange Ltd