ICICI Bank raises $750M in senior notes
Rhea-AI Filing Summary
ICICI Bank Limited (IBN) reports that its IFSC Banking Unit has completed an issuance of USD 750 million Senior Unsecured Fixed Rate Notes under the Bank’s USD 7.5 billion Global Medium Term Note Programme. The Notes are rated BBB by S&P Global Ratings and Baa3 by Moody’s Ratings.
The Notes will be listed on the Global Securities Market of India International Exchange IFSC Limited, the Debt Securities Market of NSE IFSC Limited, and on SGX-ST. The announcement specifies that this communication does not constitute an offer to sell or a solicitation to buy these Notes in the United States.
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Key Figures
Senior Unsecured Fixed Rate Notes issuance: USD 750 million
Global Medium Term Note Programme size: USD 7.5 billion
S&P Global Ratings rating: BBB
+1 more
4 metrics
Senior Unsecured Fixed Rate Notes issuance
USD 750 million
Principal amount of Notes issued by ICICI Bank Limited’s IFSC Banking Unit
Global Medium Term Note Programme size
USD 7.5 billion
Overall size of ICICI Bank Limited’s Global Medium Term Note Programme
S&P Global Ratings rating
BBB
Credit rating assigned to the newly issued Notes
Moody’s Ratings rating
Baa3
Credit rating assigned to the newly issued Notes
Key Terms
Senior Unsecured Fixed Rate Notes, Global Medium Term Note Programme, IFSC Banking Unit, India International Exchange IFSC Limited, +1 more
5 terms
Senior Unsecured Fixed Rate Notes financial
"completed the issuance of USD 750 million Senior Unsecured Fixed Rate Notes"
Global Medium Term Note Programme financial
"under the USD 7.5 billion Global Medium Term Note Programme of the Bank"
IFSC Banking Unit financial
"ICICI Bank Limited (“Bank”), acting through its IFSC Banking Unit"
India International Exchange IFSC Limited financial
"listed at Global Securities Market of the India International Exchange IFSC Limited"
SGX-ST financial
"and SGX-ST"
FAQ
What debt issuance did ICICI Bank Limited (IBN) announce in this Form 6-K?
ICICI Bank Limited announced that its IFSC Banking Unit completed an issuance of USD 750 million Senior Unsecured Fixed Rate Notes under the Bank’s Global Medium Term Note Programme.
What is the total size of ICICI Bank (IBN)'s Global Medium Term Note Programme?
The Global Medium Term Note Programme of ICICI Bank Limited is sized at USD 7.5 billion, under which the Bank issued the latest USD 750 million Senior Unsecured Fixed Rate Notes.
How are ICICI Bank (IBN)'s newly issued Notes rated?
The newly issued Notes are rated BBB by S&P Global Ratings and Baa3 by Moody’s Ratings, as disclosed by ICICI Bank Limited.
On which exchanges will ICICI Bank (IBN)'s new Notes be listed?
The Notes will be listed on the Global Securities Market of India International Exchange IFSC Limited, the Debt Securities Market of NSE IFSC Limited, and on SGX-ST.
Which unit of ICICI Bank (IBN) issued the USD 750 million Notes?
The IFSC Banking Unit of ICICI Bank Limited issued the USD 750 million Senior Unsecured Fixed Rate Notes under the Global Medium Term Note Programme.
AI-generated analysis. How Rhea-AI works. Not financial advice.