ICICI Bank Redeems $800 Million Notes Under GMTN Programme
Mumbai, March 18, 2026: ICICI Bank Limited has successfully redeemed $800,000,000 notes issued under its Global Medium Term Note (GMTN) Programme, marking a key milestone in the Bank’s debt management strategy. The redemption, completed today, includes the principal amount of $800 million along with accrued interest of $16 million, totaling $816 million.
The outstanding notes under ISINs US45112FAJ57 and US45112EAG44 were fully settled on March 18, 2026, in line with regulatory requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
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Issuer: ICICI Bank Limited
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Programme: Global Medium Term Note (GMTN)
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Redemption Amount: $816,000,000 (Principal: $800,000,000 + Interest: $16,000,000)
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ISINs: US45112FAJ57 / US45112EAG44
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Redemption Date: March 18, 2026
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Exchanges Notified: BSE, NSE, NYSE, Singapore Stock Exchange, SIX Swiss Exchange, Japan Securities Dealers Association
Strategic Implications
The redemption of these notes highlights ICICI Bank’s proactive approach to capital and liability management, ensuring compliance with global and domestic debt regulations while maintaining a strong financial profile. The move also underscores the Bank’s commitment to transparent investor communication across multiple international exchanges.
Vivek Ranjan, Associate Leadership Team at ICICI Bank, confirmed the transaction and stated, “The successful redemption reflects our continued focus on disciplined capital management and investor confidence in ICICI Bank’s financial strategies.”