Axis Bank Limited has successfully completed the issuance and allotment of U.S.$300,000,000 5.179 per cent. Senior Notes. These notes are part of the bank’s larger U.S.$5,000,000,000 GMTN Programme. The issuance adheres to all applicable laws and regulatory requirements, and the notes are set to be listed on the Global Securities Market of the India International Exchange (IFSC) Limited and the Debt Securities Market of the NSE IFSC Limited.
Successful Senior Notes Issuance
Axis Bank Limited has announced the successful completion of its latest fundraising initiative, issuing U.S.$300,000,000 worth of 5.179 per cent. Senior Notes. This issuance is a component of the bank’s existing U.S.$5,000,000,000 Global Medium Term Note (GMTN) Programme. The transaction signifies Axis Bank’s ongoing strategy to diversify its funding sources and strengthen its capital base.
Listing and Regulatory Compliance
The newly issued Senior Notes will be listed on both the Global Securities Market of the India International Exchange (IFSC) Limited and the Debt Securities Market of the NSE IFSC Limited. The bank has confirmed that the entire process of issuance and allotment has been conducted in full compliance with all relevant national and international laws and regulatory mandates. This announcement is made in accordance with the applicable provisions of the Listing Regulations.
Global Market Presence
This successful placement of senior notes underscores Axis Bank’s continued access to international debt capital markets. The issuance and listing on recognized exchanges are intended to provide liquidity and a transparent trading environment for investors. The bank has also notified the London Stock Exchange and Singapore Stock Exchange regarding this development.
Source: BSE
