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S&P
BSE SENSEX
74,339.44
+486.50
+0.66 %
Corporate Announcement
Security Code
532174
Company
ICICI BANK LTD.
Exchange Received Time
16/03/2017 19:59:03
Exchange Disseminated Time
16/03/2017 19:59:08
Time Taken
00:00:05
Updates |
3/16/2017 7:59:04 PM
Sub: Disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir, This is further to our letter dated March 9, 2017. The Committee of Executive Directors of the Bank at its meeting held today has approved the allotment of 34,250 Basel III compliant unsecured subordinated perpetual Additional Tier 1 bonds aggregating INR 34.25 billion on private placement basis, date of allotment being March 17, 2017. The notes carry a coupon of 9.20% 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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