General Announcement::Disclosure under Indian Listing regulations

Issuer & Securities

Issuer/ Manager
ICICI BANK LIMITED
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
26-Nov-2021 23:12:57
Status
New
Announcement Sub Title
Disclosure under Indian Listing regulations
Announcement Reference
SG211126OTHRR0OF
Submitted By (Co./ Ind. Name)
VIVEK RANJAN
Designation
CHIEF MANAGER
Effective Date and Time of the event
26/11/2021 18:00:00
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of the Bank, at the meeting held on April 24, 2021, had approved fund raising through issuance of debt securities. Pursuant to the same, the Bank has allotted 35,950 senior unsecured redeemable long term bonds in the nature of debentures aggregating to INR 3,595.0 crore on private placement basis, date of allotment being November 26, 2021. The bonds are redeemable at the end of 7 years (redemption date being November 26, 2028). There are no special rights/ privileges attached to the bonds.

The bonds carry a coupon of 6.67% p.a. payable annually and were issued at par. The bonds would be listed in the relevant segment of the NSE.

The bonds are rated CARE AAA; Stable by Credit Analysis & Research Limited and [ICRA]AAA; Stable by ICRA Limited.

Request you to please take the above on record.

Attachments

SGX.pdf
Total size =110K