Commentary & Deal Flow

ICICI Bank Limited, acting through its IFSC Banking Unit exp Baa3/BBB (Moody's/S&P - s/s) US$750m 144A/Reg S 5y FXD sr unsec notes due 08/21/31. BofA (B&D)/Citi/HSBC/Mashreq/Miz/MUFG/StanChart as Joint Global Coordinators, Joint Lead Managers, and Joint Bookrunners. First Pay: 2/21/27. Denoms: 200,000 x 1,000. UoP: The net proceeds from issue of Notes will be used by the Issuer for its general corporate purposes in accordance with relevant regulatory guidelines. Governing Law: English Law. Listing: Global Securities Market of the India International Exchange IFSC Limited, Debt Securities Market of the NSE IFSC Limited, and SGX- ST. Drawdown under the Issuer’s U.S.$7.5bn Global Medium Term Note Programme. Pricing 08/17. Settle 08/21 (T+4). 144A ISIN: US4492WPAB07. Reg S ISIN: USY38604AB36.
IPTs: T+130 area.
PRICED: $750m 5.417% 8/21/31 100.000 5.417% T+105.