ICICI Bank $500M notes rated Baa3/BBB

Moody’s assigned a Baa3 and S&P Global rated the $500 million notes BBB in rating letters dated Sept. 1, 2026.

Rhea-AI Filing Summary

ICICI Bank Limited (IBN) reports that its recently priced USD 500 million Senior Unsecured Fixed Rate Notes, issued under its USD 7.5 billion Global Medium Term Note Programme, have received credit ratings. Moody’s Ratings assigned the Notes a Baa3 rating and S&P Global Ratings assigned a BBB rating, both via letters dated September 1, 2026. The Notes are not registered under the U.S. Securities Act of 1933 and are not being offered for sale in the United States, with any offers or sales to comply with applicable exemptions and securities laws.

Key Figures

Senior Unsecured Fixed Rate Notes issuance: USD 500,000,000 Global Medium Term Note Programme size: USD 7,500,000,000 Moody’s rating on Notes: Baa3 +1 more

4 metrics

Senior Unsecured Fixed Rate Notes issuance USD 500,000,000 Principal amount of Notes referenced in the September 2026 disclosure

Global Medium Term Note Programme size USD 7,500,000,000 Maximum aggregate amount under ICICI Bank’s GMTN programme

Moody’s rating on Notes Baa3 Credit rating assigned to the USD 500 million Notes by Moody’s Ratings on September 1, 2026

S&P Global Ratings rating on Notes BBB Credit rating assigned to the USD 500 million Notes by S&P Global Ratings on September 1, 2026

Key Terms

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

4 terms

Senior Unsecured Fixed Rate Notes financial

"with respect to the pricing of USD 500 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"

United States Securities Act of 1933 regulatory

"will not be registered under the United States Securities Act of 1933"

A federal law that requires companies to provide clear, written information when they sell stocks, bonds or other investment securities to the public, and that outlaws misleading claims or fraud in those offerings. It matters to investors because it forces sellers to lay out the key facts — like a detailed menu for an unfamiliar restaurant — so buyers can compare options, understand risks, and rely on a legal framework if important information is omitted or deceptive.

Senior Unsecured financial

"pricing of USD 500 million Senior Unsecured Fixed Rate Notes"

Senior unsecured is a type of loan or bond that has priority over other unsecured obligations for repayment if a company runs into financial trouble, but it is not backed by specific assets as collateral. Think of it as being near the front of a line to get paid, but without a pledged item to seize if the borrower defaults; that higher repayment priority typically makes it less risky than subordinated debt but more risky than secured debt, which influences the interest rate investors demand.

FAQ

What did ICICI Bank (IBN) announce in this Form 6-K?

ICICI Bank announced credit ratings for its USD 500 million Senior Unsecured Fixed Rate Notes, issued under its USD 7.5 billion Global Medium Term Note Programme. Moody’s rated the Notes Baa3 and S&P Global Ratings rated them BBB as of September 1, 2026.

What is the size of the ICICI Bank (IBN) note issue that was rated?

The rated issuance consists of USD 500 million of Senior Unsecured Fixed Rate Notes under ICICI Bank’s USD 7.5 billion Global Medium Term Note Programme.

Which agencies rated ICICI Bank’s USD 500 million Notes and what are the ratings?

The USD 500 million Notes were rated by Moody’s Ratings and S&P Global Ratings. Moody’s assigned a Baa3 rating, and S&P assigned a BBB rating, both communicated via letters dated September 1, 2026.

Are ICICI Bank’s USD 500 million Notes being offered in the United States?

No. The filing states the Notes are not registered under the United States Securities Act of 1933 and are not being offered or sold in the United States, except under applicable registration exemptions and state securities laws.

What program does the ICICI Bank (IBN) USD 500 million issuance fall under?

The USD 500 million Senior Unsecured Fixed Rate Notes were issued under ICICI Bank’s USD 7.5 billion Global Medium Term Note Programme, which provides a framework for multiple debt issuances up to that aggregate amount.

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Available on EDGAR 09/02/2026 - 06:06 AM Accepted by SEC EDGAR 09/02/2026 - 06:05 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 September 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”) on August 31, 2026, with respect to the pricing of USD 500 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 September 01, 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	: September 1, 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