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ICICI Bank
BSE: 532174NSE: ICICIBANKISIN: INE090A01021

4th-Oct-2017 17:18Source: BSE

ICICI Bank - Updates

Sub: Disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This is further to our letter dated September 11, 2017. The Committee of Executive Directors of the Bank at its meeting held today has approved the allotment of 4,750 Basel III compliant unsecured subordinated perpetual Additional Tier 1 bonds aggregating INR 4.75 billion on private placement basis, date of allotment being October 4, 2017. The notes carry a coupon of 8.55% p.a. payable annually and were issued at par. The bonds would be listed in the Wholesale Debt Market segment of BSE Limited and/or National Stock Exchange of India Limited.

The bonds are rated CARE AA+; Stable by Credit Analysis & Research Limited and [ICRA]AA+ (hyb) by ICRA Limited.

We request you to kindly take note of the above information on record and consider this disclosure as compliance under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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