ICICI Bank issues $1B senior fixed-rate notes
Rhea-AI Filing Summary
ICICI Bank Limited (IBN) reports that it has completed the issuance of USD 1 billion Senior Unsecured Fixed Rate Notes through its IFSC Banking Unit. The issuance was made 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. They are expected to be listed on the Global Securities Market of India International Exchange IFSC Limited, the Debt Securities Market of NSE IFSC Limited, and SGX-ST. The announcement clarifies that this is not an offer of securities in the United States and that the Notes are not registered under the U.S. Securities Act of 1933.
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Key Figures
Notes issued: USD 1 billion
Global Medium Term Note Programme size: USD 7.5 billion
S&P Global Ratings: BBB
+2 more
5 metrics
Notes issued
USD 1 billion
Senior Unsecured Fixed Rate Notes issued by ICICI Bank through its IFSC Banking Unit
Global Medium Term Note Programme size
USD 7.5 billion
Overall capacity of ICICI Bank’s Global Medium Term Note Programme
S&P Global Ratings
BBB
Credit rating assigned to the newly issued Notes
Moody’s Ratings
Baa3
Credit rating assigned to the newly issued Notes
Report date
August 27, 2026
Date of signing by the Company Secretary on behalf of ICICI Bank Limited
Key Terms
Senior Unsecured Fixed Rate Notes, Global Medium Term Note Programme, IFSC Banking Unit, SGX-ST
4 terms
Senior Unsecured Fixed Rate Notes financial
"has today completed the issuance of USD 1 billion 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"
SGX-ST financial
"and SGX-ST"
FAQ
What debt issuance did ICICI Bank Limited (IBN) announce in this Form 6-K?
ICICI Bank Limited completed the issuance of USD 1 billion Senior Unsecured Fixed Rate Notes through its IFSC Banking Unit under its Global Medium Term Note Programme of USD 7.5 billion.
What credit ratings do the new ICICI Bank (IBN) Notes have?
The newly issued ICICI Bank Notes are rated BBB by S&P Global Ratings and Baa3 by Moody’s Ratings, as disclosed in the report.
Under which programme were ICICI Bank’s (IBN) USD 1 billion Notes issued?
The USD 1 billion Senior Unsecured Fixed Rate Notes were issued under ICICI Bank’s USD 7.5 billion Global Medium Term Note Programme.
Where will the new ICICI Bank (IBN) 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 SGX-ST.
Are the ICICI Bank (IBN) Notes offered in the United States?
No. The disclosure states the Notes are not registered under the U.S. Securities Act of 1933 and are not being offered or sold in the United States, nor is there an intention to register or publicly offer them there.
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