What was filed
ICICI Bank, acting through its IFSC Banking Unit, told the exchanges it had priced a tranche of US dollar-denominated Senior Unsecured Fixed Rate Notes. The issue is a RegS drawdown under the bank's existing Global Medium Term Note Programme, and the filing states the notes were priced at 5:45 p.m. on August 6, 2026. Net proceeds, per the filing, will be used for general corporate purposes in line with applicable regulatory guidelines.
The terms
The notes carry a five-year tenure, with allotment set for August 13, 2026 and maturity on August 13, 2031, and pay interest half-yearly on 13 February and 13 August each year through maturity. The filing describes the notes as unsecured, with no special rights attached, and records no delay or default in payment. The bank proposes to list the notes at the Global Securities Market of India International Exchange (IFSC) and the Debt Securities Market of NSE IFSC.
Why it matters to a holder
The raise is a routine drawdown under an established programme rather than a new authorisation, executed through the bank's IFSC Banking Unit at GIFT City. For a holder, it is a data point on the bank's access to and cost of offshore dollar funding; the filing discloses only the pricing and terms, not the wider funding strategy.