ICICI Bank prices USD 1 billion 5-year notes at 5.41 percent coupon

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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

+0.5%Reaction day

₹1415.00

prior close

₹1408.00

announcement price

After-mkt

timing

Nifty 100market+0.5%+0.0% vs market

Private Sector Bank peers, median of 19sector-0.1%+0.6% vs sector

On the reaction day the stock moved in line with Nifty 100 and 0.6 pts more 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

+0.6

10m

+0.7

15m

+0.6

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5+0.5+0.0-0.1+0.6

Next day

+1.4+0.1+1.3+1.6-0.2

+2.3-0.3+2.6+1.6+0.7

+0.7-0.1+0.8+0.4+0.3

+2.8-0.5+3.3+1.1+1.6

+0.9-0.8+1.8+0.8+0.1

+1.2-1.4+2.6+2.4-1.2

15d

-4.0-4.3+0.3-0.4-3.6

-6.2-4.2-2.0+0.2-6.4

-0.9-6.8+5.9-7.7+6.8

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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 priced USD 1 billion senior unsecured fixed rate notes through its IFSC Banking Unit under its existing USD 7.5 billion Global Medium Term Note Programme. The 5-year notes carry a 5.410 percent coupon with semi-annual interest payments, allotted on August 27, 2026 and maturing August 27, 2031. Rated Baa3 by Moody's and BBB by S&P, both investment grade. Proceeds will be used for general corporate purposes. Notes to be listed on India INX, NSE IFSC and SGX.

Likely market impact

Diversifies overseas funding at competitive investment-grade rate; positive for liability mix, no equity dilution for shareholders.