ICICI Bank raises USD 750 million via senior unsecured notes

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

-0.4%Reaction day

₹1420.00

prior close

₹1420.50

announcement price

After-mkt

timing

Nifty 100market-0.1%-0.2% vs market

Private Sector Bank peers, median of 19sector-0.6%+0.3% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty 100 and 0.3 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

+0.2

15m

+0.1

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4-0.1-0.2-0.6+0.3

Next day

+0.2+0.4-0.2+0.1+0.1

+1.0-0.0+1.0+1.9-0.8

+1.9-0.5+2.4+0.8+1.1

+0.4-0.2+0.6+0.7-0.3

+2.4-0.6+3.0+1.4+1.0

+0.2-1.4+1.6+0.4-0.2

15d

-4.9-4.7-0.2-1.5-3.4

-6.0-4.6-1.4+0.3-6.4

-1.3-6.9+5.7-7.1+5.8

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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 completed the issuance of USD 750 million 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 and will be listed on Global Securities Market of India INX, Debt Securities Market of NSE IFSC and SGX-ST. Proceeds will bolster the Bank's international funding capacity.

Likely market impact

Strengthens overseas funding base and capital adequacy with no equity dilution for shareholders.