General Announcement::ALLOTMENT OF USD 250000000 Senior Unsecured Notes

Issuer & Securities

Issuer/ Manager
AXIS BANK LIMITED (ACTING THROUGH ITS DUBAI INTERNATIONAL FINANCIAL CENTRE BRANCH)
Securities
AXISBKUS$500M3.25%N200521R - US05463EAC21 - 21DB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
12-Mar-2015 01:03:03
Status
New
Announcement Sub Title
ALLOTMENT OF USD 250000000 Senior Unsecured Notes
Announcement Reference
SG150312OTHRWQQJ
Submitted By (Co./ Ind. Name)
chirag nagda
Designation
manager
Effective Date and Time of the event
11/03/2015 17:00:00
Description (Please provide a detailed description of the event in the box below)
Axis Bank raises USD 250 million through Reg S only tap of existing 3.25% Senior Unsecured Notes due 21st May 2020
We are pleased to advise that the Bank has raised USD 250 million under the Euro 3 billion Medium Term Note Programme through its DIFC branch. The pricing finalization took place on 4th March 2015 and the settlement is scheduled on 11th March 2015. The Notes will be consolidated to form a single series with the US$500,000,000 3.25 per cent Notes due in 21st May 2020 issued on 21 November 2014. The issuance will take the outstanding issue size to a total of USD 750 million.

Depository - Clearstream
Issue Date - 11th March 2015
Listing Date - 12th March 2015
Issue Size - USD 250000000
Minimum denomination - USD 200000
Trading Board lot size - USD 200000
Day count convention - 30/360 (basic rule)
First coupan accrual date: 21 November 2014
First coupan payment date: 21 May 2015
Last Coupan payment date- 21 May 2020