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ICICI Bank Share Price in Focus as IFSC Unit Prices $750 Million Senior Unsecured Notes at 5.417% 

Written by: Team Angel OneUpdated on: 18 Aug 2026, 9:24 pm IST
ICICI Bank's IFSC Banking Unit prices $750 million in senior unsecured notes under its $7.5 billion medium-term programme, with a 5.417% annual coupon rate.
ICICI Bank Share Price in Focus
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ICICI Bank Limited has issued a regulatory disclosure to BSE Limited and the National Stock Exchange of India Limited on August 18, 2026.  

The bank's IFSC Banking Unit has priced a fresh debt offering in international markets, aligning with Regulation 30 of SEBI rules. 

Details of the Global Note Offering 

The corporate unit of ICICI Bank has priced $750 million in senior unsecured fixed-rate notes. This issuance is part of a targeted drawdown under the bank's larger $7.5 billion medium-term programme.  

The legal document clarifies that these dollar-denominated instruments are not available for distribution within the United States, and the bank has no immediate plans to register these securities under American law. 

Key Terms of the Debt Instrument 

The unsecured debt instrument carries a fixed annual coupon rate of 5.417% for global buyers. And also, the Interest payments are scheduled twice a year, specifically on February 21 and August 21.  

The notes have a total maturity period of exactly 5 years from their start date, with allotment set for August 21, 2026, and full redemption on August 21, 2031. 

Proceeds and Listing Plans 

The financial group plans to use the net funding proceeds for general corporate activities, adhering to national banking and regulatory guidelines.  

The administration intends to list the notes on the India International Exchange, NSE IFSC, and Singapore Exchange. The official corporate submission was signed by Company Secretary Prachiti Lalingkar. 

Read More: Landmark Cars Share Price Falls Over 7% After Q1 FY27 Earnings Results: Total Income Up 22.4% YoY! 

ICICI Bank Share Price Performance 

As of August 18, 2026, at 2:33 PM, ICICI Bank share price on NSE was trading at ₹1,413.00, down by 0.16% from the previous closing price. 

Conclusion 

ICICI Bank's issuance of $750 million in senior unsecured notes under its $7.5 billion programme features a 5.417% annual coupon rate, with a 5-year maturity. The notes are set for listing on multiple international exchanges, including the India International Exchange. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Aug 18, 2026, 3:54 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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