ICICI Bank mops up $750 million by issuing bonds to overseas investors
1 min readPrivate sector lender ICICI Bank announced on Tuesday that it has raised USD 750 million through overseas bond issuance to support its business expansion.
Key Takeaways
- ICICI Bank raised $750 million through overseas bond issuance to support business expansion.
- The five-year senior unsecured notes carry a 5.417% coupon, issued via the bank’s IFSC banking unit.
- The bonds are part of ICICI’s $7.5 billion Global Medium Term Note Programme.
- Proceeds will fund general corporate purposes in line with regulatory guidelines.
The bonds were issued via the bank’s IFSC banking unit carrying a coupon rate of 5.417%, as disclosed in a regulatory filing.
These senior unsecured fixed‑rate notes, with a five‑year maturity, form part of the bank’s USD 7.5 billion Global Medium Term Note Programme.
The net proceeds from the note issuance will be allocated by the bank for general corporate purposes, in line with applicable regulatory guidelines.
Published on August 18, 2026
