ICICI Bank prices USD 750 million 5-year notes at 5.417% coupon

Fund Raising View source PDF Explain this filing

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

₹1415.30

prior close

₹1408.80

announcement price

In-mkt

timing

Nifty 100market-0.5%+0.3% vs market

Private Sector Bank peers, median of 19sector-0.3%+0.1% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty 100 and 0.1 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

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2-0.5+0.3-0.3+0.1

Next day

-0.9-0.8-0.1-0.4-0.6

-0.2-0.3+0.0+0.5-0.8

+0.3-0.2+0.6+1.2-0.9

-0.0-0.3+0.3+1.0-1.1

+0.5+0.2+0.4+1.1-0.6

+2.3-0.7+2.9+2.3-0.1

15d

-1.1-2.6+1.4+1.4-2.6

-5.2-3.8-1.5+1.6-6.8

-2.4-6.1+3.7+0.1-2.5

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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 750 million of senior unsecured fixed rate notes under its USD 7.5 billion Global Medium Term Note Programme, issued through its IFSC Banking Unit. The notes carry a 5.417% coupon with a 5-year tenure, allotted on August 21, 2026 and maturing August 21, 2031. They will be listed on India INX, NSE IFSC and SGX. Proceeds will be used for general corporate purposes.

Likely market impact

Diversifies funding base and adds about 6,260 crore to liabilities. Neutral-to-slightly-positive for stock; reflects healthy global demand.