ICICI Bank Completes USD 1 Billion Senior Unsecured Fixed Rate Note Issuance
ICICI Bank Limited has successfully completed the issuance of USD 1 billion in Senior Unsecured Fixed Rate Notes. This transaction falls under the scope of the bank's larger USD 7.5 billion Global Medium Term Note Programme.The newly issued notes have been assigned credit ratings by leading international agencies. S&P Global Ratings rated the notes at BBB, while Moody's Ratings provided a rating of Baa3.
The issuance provides diversification within the context of ICICI Bank Limited's debt financing strategy. The completed transaction involves critical components of the ongoing global note programme.
The Notes are scheduled for listing across multiple international venues. Listing details include the Global Securities Market of the India International Exchange IFSC Limited, the Debt Securities Market of the NSE IFSC Limited, and SGX-ST.
ICICIBANK Stock Price Movement
On Thursday, shares of ICICI Bank Limited shed 0.55% from previous closing levels to settle at ₹1433.90. The stock traded on a volume of 14.14 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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