ICICI Bank prices USD 1 bn 5-year senior unsecured notes at 5.459% 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

+0.2%Reaction day

₹1433.40

prior close

₹1428.00

announcement price

After-mkt

timing

Nifty 100market-0.4%+0.5% vs market

Private Sector Bank peers, median of 19sector-0.1%+0.2% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty 100 and 0.2 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

+0.1

10m

-0.0

15m

+0.1

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.2-0.4+0.5-0.1+0.2

Next day

+0.8+0.6+0.2+0.8+0.1

-1.0+0.5-1.5+0.2-1.2

+0.3+1.5-1.3+0.7-0.4

-0.2+1.7-2.0+0.6-0.9

+0.0+2.2-2.2+0.4-0.4

+1.5+3.2-1.7+1.1+0.4

15d

-1.1+2.4-3.5-1.1-0.1

-1.3+1.8-3.0+1.1-2.4

-6.9-2.9-4.0-1.0-5.9

-2.2-5.2+3.0-5.5+3.3

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 USD 7.5 billion Global Medium Term Note Programme. The notes carry a 5.459% coupon, have a 5-year tenure maturing July 30, 2031, with allotment on July 30, 2026. Interest is paid semi-annually. Proceeds will be used for general corporate purposes. Notes will be listed on India INX IFSC, NSE IFSC debt segment, and SGX-ST.

Likely market impact

Boosts ICICI Bank's capital base and diversifies overseas funding. Tight 5.459% pricing signals strong global investor appetite for Indian bank credit.