REG - Axis Bank Ltd - Issue of Debt <Origin Href="QuoteRef">AXBK.NS</Origin>

Axis BankAnnouncement

01/06/2016 14:05

RNS Number : 9217Z
Axis Bank Limited
01 June 2016
Dear Sir(s),
SUB: AXIS BANK RAISES SENIOR NOTES IN THE INTERNATIONAL MARKET
We are pleased to inform that the Bank has today allotted Senior Fixed Rate Green Bonds aggregating to USD 500,000,000 (USD Five Hundred Million only) under the MTN Programme through its Dubai International Financial Centre (DIFC) branch. The notes will be listed at the Singapore Stock Exchange and London Stock Exchange.
The Notes have been priced at160basis points over the 5-year US Treasury Note, at a price of99.479% to yield2.988%. The Notes will be denominated in US dollars, and will bear fixed interest of2.875% per annum, with interest payable semi-annually in arrears.
You are requested to take the above on record.
Thanking You.
Yours faithfully,
For Axis Bank Limited,
Girish V. Koliyote
Company Secretary

This information is provided by RNS
The company news service from the London Stock Exchange
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