Axis Bank Receives Listing Approval for New US$100 Million Additional Tier 1 Notes
Axis Bank Ltd has received final listing approval from major international exchanges for its issuance of Additional Tier 1 (AT 1) Notes. The bank obtained this approval for the AT 1 Notes through both the Global Securities Market of the India International Exchange (India INX) and the Debt Securities Market of the NSE IFSC Limited (NSE IX).The newly approved tranche is valued at US$100,000,000, carrying a coupon rate of 6.875%. This issuance is set to consolidate with an existing series of Additional Tier 1 Notes totaling US$500,000,000, which were initially issued on June 30, 2026.
The final listing approval details relate to the AT 1 Notes and signify a key step in the bank's international debt market activities. The pricing supplements related to the offering are available for reference on the respective websites of India INX and NSE IX.
AXISBANK Stock Price Movement
On Tuesday, shares of Axis Bank Limited slipped slightly, closing at ₹1317.6 after the stock shed ₹0.90, marking a 0.07% decline. The equity traded a total volume of 6.01 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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