ICICI Bank has priced USD 300 million Senior Unsecured Fixed Rate Notes, raising capital to support its general corporate purposes. The bank's IFSC Banking Unit executed the pricing on August 6, 2026, at 5:45 p.m., marking a drawdown from its existing USD 7.5 billion Global Medium Term Note Programme. The issuance reflects continued investor demand for Indian banking debt in international markets.

The transaction was disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Vivek Ranjan, a member of the Leadership Team, signed the disclosure filed with BSE Limited and the National Stock Exchange of India Limited. Copies were also sent to the New York Stock Exchange, Singapore Stock Exchange, Japan Securities Dealers Association, and SIX Swiss Exchange Ltd.

Issuance Details

The notes are unsecured and fixed-rate instruments denominated in US dollars. They carry a coupon rate of 5.352% per annum, with interest payable semi-annually on February 13 and August 13 each year until maturity. The allotment date is set for August 13, 2026, with the final maturity date falling on August 13, 2031.

Use of Proceeds and Regulatory Compliance

The net proceeds from the issue will be utilized for general corporate purposes in accordance with relevant regulatory guidelines. The document explicitly states that it is not an offer of securities for sale in the United States. The securities have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the US except pursuant to specific exemptions. There is no intention to register these securities in the US or make a public offering there.

What the Numbers Show

The pricing of the notes at a 5.352% coupon provides a benchmark for ICICI Bank's cost of capital in the international dollar-denominated debt market. By utilizing its existing USD 7.5 billion programme, the bank demonstrates efficient access to global liquidity without requiring new programme approvals. The listing on both the India International Exchange IFSC Limited and NSE IFSC Limited ensures secondary market liquidity for institutional investors seeking exposure to Indian banking assets through International Financial Services Centre channels.

ICICI Bank will host an investor meet on August 12, 2026, as part of the Emkay Confluence 2026 annual conference. The event, titled 'India: Full Throttle Ahead,' will be conducted as an in-person group session, providing stakeholders with a platform for direct interaction with the bank's leadership team.

The disclosure was made under Regulation 30 read with para A of Schedule III and Regulation 46(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was signed by Vivek Ranjan from the Leadership Team and submitted to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) on August 6, 2026.

Event Details

The schedule outlines the specific parameters of the upcoming engagement:

ICICI Bank Limited stated that it will refer to publicly available documents for discussions during the interaction. This approach ensures that all information shared aligns with previously disclosed data, maintaining transparency and compliance with market regulations.

Regulatory Compliance

The filing underscores the bank's adherence to SEBI's listing obligations. By pre-disclosing the schedule of the investor meet, ICICI Bank aims to prevent any potential information asymmetry among its shareholders. The notice was directed to the Listing Departments of both BSE and NSE, ensuring that the information is brought to the attention of all concerned market participants.

What the Numbers Show

While this filing does not contain new financial metrics, the decision to participate in a major industry conference like Emkay Confluence signals ICICI Bank's active engagement with the investment community. Such events are critical for large-cap banks to communicate their strategic outlook and address investor queries in a structured environment. The reliance on publicly available documents suggests that no new material information will be introduced during the session, reinforcing the bank's commitment to fair disclosure practices.