The Portfolio · BriefAll articles →

ICICIBANK · ICICI Bank Limited · NSE · Filed 24 Jul · 1 min read

ICICI Bank Prices USD 1 Billion Five-Year Notes Through IFSC Banking Unit

The Bank priced USD 1 billion of senior unsecured fixed-rate notes at a 5.459% coupon under its USD 7.5 billion Global Medium Term Note Programme.

What was filed

ICICI Bank told the exchanges that, acting through its IFSC Banking Unit, it has priced a new issue of USD-denominated Senior Unsecured Fixed Rate Notes. The pricing was completed early on July 24, 2026 (1:33 a.m. IST), drawn down under the Bank's existing Global Medium Term Note Programme. The issuance is structured as 144A/RegS Registered, Category 1.

Per the filing, the notes are unsecured, carry no special rights or privileges, and will be redeemed on the maturity date. Net proceeds are to be used for the Issuer's general corporate purposes, in accordance with relevant regulatory guidelines.

Terms of the notes

The notes carry a five-year tenure, with an allotment date of July 30, 2026 and maturity on July 30, 2031. Interest is payable semi-annually, on 30 July and 30 January each year through maturity.

The Bank said the notes are proposed to be listed on the Global Securities Market of the India International Exchange (IFSC), the Debt Securities Market of NSE IFSC and SGX-ST. The filing reports nil delay or default in payment history for the instrument and no cancellation of the issuance.

Issue size
USD 1 billion
Coupon
5.459%
Tenure
5 years
Maturity date
July 30, 2031
Allotment date
July 30, 2026

The issuance adds five-year senior unsecured foreign-currency funding for the Bank's general corporate purposes, and the disclosed coupon indicates the cost at which the Bank raised this tranche in overseas markets — a data point holders can note for the Bank's funding profile.

Share this

The brief

You just read one filing on ICICI Bank. We do this every morning — for the stocks you own.

A calm, cited reading of your own holdings, delivered daily on Telegram or email. No tips.

Free during the pilot.

Read all articles