General Announcement::MTN Allotment Intimation

Issuer & Securities

Issuer/ Manager
AXIS BANK LIMITED
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
08-Sep-2021 21:10:39
Status
New
Announcement Sub Title
MTN Allotment Intimation
Announcement Reference
SG210908OTHRLMUC
Submitted By (Co./ Ind. Name)
Akhalesh Sahu
Designation
Manager
Description (Please provide a detailed description of the event in the box below)
This is with reference to our letter no. AXIS/CO/CS/251/2021-22 dated August 30, 2021, wherein we had informed that the Bank has initiated the process of issuing of the debt instruments in the form of the Additional Tier 1 Notes in foreign currency, subject to market conditions. We also refer to our letter no. AXIS/CO/CS/262/2021-22 dated September 2, 2021, wherein we had informed that the Bank, acting through its GIFT City branch, has completed the pricing of its U.S. dollar denominated Basel III compliant Additional Tier 1 Notes (the Notes ).

We are pleased to inform that the Bank has raised USD 600,000,000 through the issue and allotment of USD denominated, unsecured, 4.10% Basel III compliant, Additional Tier 1 Notes (i) to qualified institutional buyers (as defined in Rule 144A under the United States Securities Act of 1933, as amended (the U.S. Securities Act )) and (ii) outside the United States in offshore transactions in compliance with Regulation S under the U.S. Securities Act.

The Notes will be listed on Singapore Exchange Limited, International Securities Market, India International Exchange (IFSC) Limited and the NSE IFSC Limited (NSE International Exchange).

Attachments

SEIntimationMTNallotment08092021.pdf
Total size =136K