ICICI Bank announced the successful completion of its USD 300 million Senior Unsecured Fixed Rate Notes issuance. This issuance is part of the bank’s larger USD 7.5 billion Global Medium Term Note Programme. The notes have received a BBB rating from S&P Global Ratings and Baa3 from Moody’s Ratings. They are set to be listed on the India International Exchange IFSC Limited and the NSE IFSC Limited.
ICICI Bank Completes Major Debt Issuance
ICICI Bank Limited, through its IFSC Banking Unit, has successfully completed the issuance of USD 300 million worth of Senior Unsecured Fixed Rate Notes. This issuance took place on August 13, 2026, and is a component of the bank’s existing USD 7.5 billion Global Medium Term Note Programme. This move is significant for the bank’s capital management and funding strategy.
Credit Ratings and Listing Details
The newly issued Notes have been assigned a credit rating of BBB by S&P Global Ratings and Baa3 by Moody’s Ratings. These ratings reflect the perceived creditworthiness of the issuing entity. The Notes are scheduled for listing on the Global Securities Market of the India International Exchange IFSC Limited and the Debt Securities Market of the NSE IFSC Limited, making them accessible to a broader range of investors within the designated markets.
Important Disclaimer Regarding US Investors
This announcement includes a crucial disclaimer: these securities are not for distribution in the United States. They have not been and will not be registered under the United States Securities Act of 1933 or any applicable state securities laws. Offerings and sales within the United States are restricted and require specific exemptions from registration requirements, adhering to all relevant US securities laws.
Source: BSE
