What was filed
ICICI Bank told the exchanges that, acting through its IFSC Banking Unit, it has completed the issuance of USD 1 billion in Senior Unsecured Fixed Rate Notes. The issuance was carried out under the bank's existing Global Medium Term Note (GMTN) Programme, and follows the bank's earlier letters dated July 24, 2026.
Terms disclosed
Per the filing, the notes carry ratings from S&P Global Ratings and Moody's Ratings. They are to be listed on the Global Securities Market of the India International Exchange (IFSC), the Debt Securities Market of NSE IFSC, and SGX-ST in Singapore. The filing carries the standard restriction that the notes are not for distribution or sale in the United States.
Why it matters to a holder
The raise draws foreign-currency term funding from the bank's standing GMTN framework rather than a new programme, using headroom already available. The coupon rate and tenor of the notes are not stated in this filing; a holder tracking the bank's cost of overseas funding would need the pricing supplement or a separate disclosure for those terms.