ICICI Bank (NYSE: IBN) secures investment-grade ratings on $750M notes

Rhea-AI Filing Summary

ICICI Bank Limited (IBN) reports that its recently priced USD 750 million Senior Unsecured Fixed Rate Notes, issued under its USD 7.5 billion Global Medium Term Note Programme, have received investment-grade ratings. Moody’s Ratings assigned the Notes a Baa3 rating and S&P Global Ratings assigned a BBB rating, both by letters dated August 18, 2026. The disclosure clarifies that this communication is not an offer to sell or a solicitation to buy these securities in the United States and notes that the Notes will not be registered under the U.S. Securities Act of 1933.

Key Figures

Notes issuance size: USD 750 million Global Medium Term Note Programme size: USD 7.5 billion Moody’s rating on Notes: Baa3 +2 more

5 metrics

Notes issuance size USD 750 million Principal amount of Senior Unsecured Fixed Rate Notes issued

Global Medium Term Note Programme size USD 7.5 billion Overall capacity of ICICI Bank’s Global Medium Term Note Programme

Moody’s rating on Notes Baa3 Credit rating assigned by Moody’s Ratings to the USD 750 million Notes

S&P rating on Notes BBB Credit rating assigned by S&P Global Ratings to the USD 750 million Notes

Rating letters date August 18, 2026 Date of Moody’s and S&P letters assigning ratings to the Notes

Key Terms

Senior Unsecured Fixed Rate Notes, Global Medium Term Note Programme, Securities Act of 1933

3 terms

Senior Unsecured Fixed Rate Notes financial

"pricing of USD 750 million Senior Unsecured Fixed Rate Notes"

Global Medium Term Note Programme financial

"under the Bank’s USD 7.5 billion Global Medium Term Note Programme"

Securities Act of 1933 regulatory

"registered under the United States Securities Act of 1933, as amended"

FAQ

What ratings did ICICI Bank (IBN) receive on its new USD 750 million Notes?

ICICI Bank’s USD 750 million Senior Unsecured Fixed Rate Notes were rated Baa3 by Moody’s Ratings and BBB by S&P Global Ratings, as per letters dated August 18, 2026, indicating investment-grade credit assessments for this issuance.

What is the size of ICICI Bank’s Global Medium Term Note Programme (IBN)?

ICICI Bank’s Global Medium Term Note Programme is sized at USD 7.5 billion. The newly rated USD 750 million Senior Unsecured Fixed Rate Notes were issued under this programme as part of the bank’s ongoing international funding strategy.

What type of instrument has ICICI Bank (IBN) issued under its MTN programme?

ICICI Bank has issued Senior Unsecured Fixed Rate Notes totaling USD 750 million under its USD 7.5 billion Global Medium Term Note Programme, meaning the Notes rank senior in the capital structure and pay interest at a fixed rate.

When were the credit ratings on ICICI Bank’s (IBN) USD 750 million Notes assigned?

Moody’s Ratings and S&P Global Ratings assigned ratings of Baa3 and BBB, respectively, to ICICI Bank’s USD 750 million Notes via letters dated August 18, 2026, following the pricing of the Notes earlier that day.

Does ICICI Bank’s (IBN) announcement constitute an offer of securities in the United States?

No. The announcement states it is not an offer of securities for sale in the United States. The Notes will not be registered under the U.S. Securities Act of 1933 and may only be sold pursuant to an applicable registration exemption.

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Available on EDGAR 08/19/2026 - 06:12 AM Accepted by SEC EDGAR 08/19/2026 - 06:11 AM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a -16 OR

15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of August 2026

Commission File Number: 001-15002

ICICI Bank Limited
(Translation of registrant’s name into English)

ICICI Bank Towers,
Bandra-Kurla Complex
Mumbai, India 400 051
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file
annual reports under cover Form 20-F or Form 40-F.

Form 20-F   X  Form 40-F      

Table of Contents

Items:

1. Others

 

OTHER NEWS

Subject: Disclosure under Indian Listing Regulations

IBN

ICICI Bank Limited (the Bank) Report on Form 6-K

The Bank has made the below announcement to the Indian Stock Exchanges:

In continuation to the disclosure made by ICICI Bank Limited (“Bank”) earlier in the day, with respect to the pricing of USD 750 million Senior Unsecured Fixed Rate Notes (“Notes”) under the Bank’s USD 7.5 billion Global Medium Term Note Programme, please note that Moody’s Ratings and S&P Global Ratings have vide letters dated August 18, 2026, assigned ‘Baa3’ and ‘BBB’ rating to the Notes respectively.

NOT FOR DISTRIBUTION IN THE UNITED STATES

This document is not an offer of securities for sale in the United States. Any securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”) or any United States state securities laws, and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in accordance with any applicable United States state securities laws. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States. This document does not constitute an offer to sell or the solicitation of an offer to buy the Notes described herein.

You are requested to take note of the same and bring it to the notice of all concerned.

ICICI Bank Limited ICICI Bank Towers Bandra-Kurla Complex Mumbai 400 051, India. Tel.: 022- 4008 8900 Email: companysecretary@icici.bank.in Website: www.icici.bank.in CIN.: L65190GJ1994PLC021012 Regd. Office: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara 390007. India

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.

			For ICICI Bank Limited
Date	: August 18, 2026
		By:	/s/ Prachiti Lalingkar
			Name	: Prachiti Lalingkar
			Title	: Company Secretary

ICICI Bank Limited ICICI Bank Towers Bandra-Kurla Complex Mumbai 400 051, India. Tel.: 022- 4008 8900 Email: companysecretary@icici.bank.in Website: www.icici.bank.in CIN.: L65190GJ1994PLC021012 Regd. Office: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara 390007. India