Axis Bank completes $300 million senior notes issuance
Axis Bank Limited has successfully completed the allotment of $300 million in senior notes under its $5 billion Global Medium Term Note Programme, as announced in a press release. The notes, bearing an interest rate of 5.179%, adhere to all applicable laws and regulatory requirements. The bank had previously announced its intention to issue these notes in letters dated December 26, 2025, and August 17, 2026.
The senior notes will be listed on the Global Securities Market of the India International Exchange (IFSC) Limited and the Debt Securities Market of the NSE IFSC Limited. The issuance is part of the bank's Global Medium Term Note (GMTN) Programme, which has a total size of $5 billion. The notes were not offered or sold to any person resident in India and were not registered under the U.S. Securities Act of 1933.
The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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