REG - Axis Bank Ltd - AXIS BANK RAISES USD 50 MILLION

Axis BankAnnouncement

17/10/2018 08:05

RNS Number : 3156E
Axis Bank Limited
17 October 2018
 


AXIS/CO/CS/587/2018-19
 
17th October 2018
 

Dear Sir, 
 
SUB: AXIS BANK RAISES USD 50 MILLION THROUGH TAP OF EXISTING 3.25% SENIOR UNSECURED NOTES DUE 21 MAY 2020
 
We are pleased to inform that the Bank has raised USD 50,000,000 (USD Fifty Million only) under the GMTN Programme through its Dubai International Financial Centre (DIFC) branch. The settlement took place on 16th October 2018. The Notes will be consolidated and form a single series with the U.S.$ 250,000,000 3.25% Notes due 2020 issued on 11th March 2015 and the U.S.$ 500,000,000 3.25% Notes due 2020 issued on 21th November 2014. The issuance will take the outstanding issue size to a total of USD 800 million.
 
You are requested to take note of the above and arrange to bring it to the notice of all concerned.
 
Thanking you.
 
Yours sincerely,
For Axis Bank Limited
 
 
Girish Koliyote
Company Secretary
 
 
 
 
 
 
 
 
 
 




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