ICICI Bank (NYSE: IBN) locks in 5.417% on new dollar notes

Rhea-AI Filing Summary

ICICI Bank Limited, acting through its IFSC Banking Unit, has priced USD 750 million Senior Unsecured Fixed Rate Notes under its USD 7.5 billion Global Medium Term Note Programme. The Notes have a 5-year tenure, with allotment on August 21, 2026 and maturity on August 21, 2031.

The Notes carry a fixed coupon of 5.417%, with interest payable semi-annually on 21 February and 21 August each year until maturity. Net proceeds will be used for the bank’s general corporate purposes in line with regulatory guidelines. The Notes are unsecured and are intended to be listed on the Global Securities Market of India International Exchange IFSC Limited, the Debt Securities Market of NSE IFSC Limited and SGX-. The issuance is structured as a Rule 144A/Regulation S offering and is not registered under the U.S. Securities Act of 1933.

Key Figures

Issue Size: USD 750 million Programme Size: USD 7.5 billion Coupon Rate: 5.417% +4 more

7 metrics

Issue Size USD 750 million Size of the Senior Unsecured Fixed Rate Notes issuance

Programme Size USD 7.5 billion Global Medium Term Note Programme limit under which the Notes are issued

Coupon Rate 5.417% Fixed annual interest rate on the Notes

Tenure 5 years Time from allotment to maturity of the Notes

Allotment Date August 21, 2026 Date on which the Notes are allotted

Maturity Date August 21, 2031 Date on which principal on the Notes is due

Interest Payment Dates 21 February and 21 August Semi-annual interest payment dates each year until maturity

Key Terms

Global Medium Term Note Programme, Senior Unsecured Fixed Rate Notes, IFSC Banking Unit, 144A/RegS Registered, +1 more

5 terms

Global Medium Term Note Programme financial

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

Senior Unsecured Fixed Rate Notes financial

"priced USD 750 million Senior Unsecured Fixed Rate Notes"

IFSC Banking Unit financial

"ICICI Bank Limited (“Bank”), acting through its IFSC Banking Unit"

144A/RegS Registered regulatory

"Type of issuance | 144A/RegS Registered, Category 2"

general corporate purposes financial

"used by the Issuer for its general corporate purposes in accordance"

"General corporate purposes" refer to the broad range of activities and expenses a company can use its funds for to support its overall operations and growth. This can include things like paying bills, investing in new projects, or strengthening its financial position. For investors, understanding this term helps clarify how a company plans to use its resources to sustain and expand its business over time.

FAQ

What type of debt securities has ICICI Bank (IBN) issued in this 6-K?

ICICI Bank has priced USD 750 million Senior Unsecured Fixed Rate Notes under its USD 7.5 billion Global Medium Term Note Programme. These are USD-denominated notes issued through its IFSC Banking Unit as a 144A/Regulation S offering.

What are the coupon rate and payment dates for ICICI Bank (IBN)’s new notes?

The Notes carry a fixed coupon of 5.417%. Interest is payable semi-annually on 21 February and 21 August each year, up to and including the August 21, 2031 maturity date, providing investors with regular USD interest payments.

What is the maturity and tenure of ICICI Bank (IBN)’s USD 750 million notes?

The Notes have a 5-year tenure, with an allotment date of August 21, 2026 and a maturity date of August 21, 2031. Principal is scheduled to be redeemed in full on the maturity date, with no early redemption terms described.

How will ICICI Bank (IBN) use the proceeds from the USD 750 million note issue?

The bank states the net proceeds from the Notes will be used for its general corporate purposes. These uses must comply with relevant regulatory guidelines, indicating flexible deployment within the bank’s normal business and capital needs framework.

Where will ICICI Bank (IBN)’s new USD notes be listed?

The Notes are proposed to be listed on the Global Securities Market of India International Exchange IFSC Limited, the Debt Securities Market of NSE IFSC Limited and SGX-. Listing can support trading liquidity and price discovery for the securities.

Are ICICI Bank (IBN)’s new notes offered in the United States?

No. The bank states the Notes are not registered under the U.S. Securities Act of 1933 and are not being offered in the United States. Any offer or sale there would require an exemption from U.S. registration requirements.

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Form 6-K: How Foreign Companies Report to the SEC →

Available on EDGAR 08/18/2026 - 06:49 AM Accepted by SEC EDGAR 08/18/2026 - 06:49 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:

This is to inform you that ICICI Bank Limited (“Bank”), acting through its IFSC Banking Unit, has, today at 1:39 a.m. IST priced USD 750 million Senior Unsecured Fixed Rate Notes (“Notes”) under the USD 7.5 billion Global Medium Term Note Programme of the Bank. Details of the pricing of the Notes are provided in Annexure.

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

 

Annexure

Particulars	Details
Issuer	ICICI Bank Limited, acting through its IFSC Banking Unit
Type of securities	USD denominated Senior Unsecured Fixed Rate Notes (“Notes”)
Type of issuance	144A/RegS Registered, Category 2, Drawdown under the Bank’s USD 7.5 billion Global Medium Term Note Programme
Size of the Issue	USD  750 million
Use of Proceeds	The net proceeds from issue of Notes will be used by the Issuer for its general corporate purposes in accordance with relevant regulatory guidelines
Whether proposed to be listed? If yes, name of the stock exchange(s)	Proposed to be listed at Global Securities Market of the India International Exchange IFSC Limited, Debt Securities Market of the NSE IFSC Limited and SGX-ST
Tenure of the instrument - date of allotment and date of maturity	Tenure - 5 years Allotment Date - August 21, 2026 Date of Maturity - August 21, 2031
Coupon/interest offered, schedule of payment of coupon/ interest and principal	Coupon: 5.417% Interest payment dates: 21 February and 21 August in each year up to and including the date of maturity.
Charge or security, if any, created over the assets	Unsecured
Special right/interest/privileges attached to the instrument and changes thereof	Not applicable
Delay in payment of interest/ principal amount for a period of more than three months from the due date or default in payment of interest/ principal	Nil
Details of any letter or comments regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any	Not applicable

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

 

Details of redemption of preference shares indicating the manner of redemption (whether out of profits or out of fresh issue) and debentures	Redemption on the date of maturity
Any cancellation or termination of proposal for issuance of securities including reasons thereof	Nil

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