ICICI Bank prices USD 500 million 3-year senior notes at 5.308% 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

-1.8%Reaction day

₹1454.00

prior close

₹1442.90

announcement price

After-mkt

timing

Nifty 100market-0.3%-1.5% vs market

Private Sector Bank peers, median of 19sector-0.4%-1.4% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty 100 and 1.4 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

+0.1

10m

-0.1

15m

-0.0

30m

-0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.8-0.3-1.5-0.4-1.4

Next day

-2.1-0.8-1.4-1.2-0.9

-1.5-0.9-0.6+0.9-2.3

-2.1-0.8-1.3+0.6-2.7

-1.8-1.3-0.5+0.2-2.0

-3.8-1.7-2.0-0.7-3.1

-4.8-2.3-2.4-1.4-3.4

15d

-7.8-2.5-5.4-0.7-7.2

-9.9-6.8-3.1-5.4-4.4

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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, through its IFSC Banking Unit, priced USD 500 million (about Rs 4,200 crore) senior unsecured fixed rate notes under its USD 7.5 billion Global Medium Term Note Programme. The notes carry a 5.308% coupon, are allotted on September 3, 2026 and mature on September 3, 2029 (3 year tenor). Interest is paid half yearly. Proceeds will be used for general corporate purposes. Notes will be listed on India INX GIFT City, NSE IFSC and SGX Singapore.

Likely market impact

Diversifies funding sources with offshore dollar borrowings at a competitive rate; signals strong international investor appetite, supportive of growth plans.