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ICICI BANK LTD. - Updates
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20 Sep 2017
Sub: Disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.&lt;BR&gt; &lt;BR&gt; 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 10,800 Basel III compliant unsecured subordinated perpetual Additional Tier 1 bonds aggregating INR 10.80 billion on private placement basis, date of allotment being September 20, 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. &lt;BR&gt; &lt;BR&gt; The bonds are rated CARE AA+; Stable by Credit Analysis &amp; Research Limited and [ICRA]AA+ (hyb) by ICRA Limited.&lt;BR&gt; &lt;BR&gt; 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.&lt;BR&gt;
View all announcements for ICICI BANK LTD. Source: BSE India