ICICI Bank completes USD 1 billion note issuance under global MTN programme

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ICICIBANK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹1447.20

prior close

₹1435.00

announcement price

After-mkt

timing

Nifty 100market+0.2%-1.8% vs market

Private Sector Bank peers, median of 19sector-0.8%-0.7% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty 100 and 0.7 pts less than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.2

15m

+0.1

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5+0.2-1.8-0.8-0.7

Next day

+0.5-0.2+0.7+0.0+0.5

-1.3-0.5-0.8+0.1-1.4

-1.7-0.9-0.7-0.1-1.5

-1.0-1.1+0.0+1.1-2.1

-1.7-1.0-0.6+0.8-2.5

-3.3-1.9-1.4+0.2-3.5

15d

-7.0-2.9-4.2-1.1-5.9

-10.0-5.4-4.6-5.0-5.1

-4.8-6.5+1.7-7.8+3.0

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UpDownMarket · Nifty 100Sector · Private Sector Bank peers, median of 19Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

ICICI Bank has completed issuance of USD 1 billion Senior Unsecured Fixed Rate Notes through its IFSC Banking Unit under its USD 7.5 billion Global Medium Term Note Programme. The notes are rated BBB by S&P and Baa3 by Moody's. Listing planned on India INX, NSE IFSC and SGX-ST.

Likely market impact

Diversifies funding via overseas debt markets and supports growth without equity dilution for shareholders.