9 Mar 2015 07:00
Axis Bank raises USD 250 million through Reg S only tap of existing 3.25% Senior Unsecured Notes due 21st May 2020
We are pleased to advise that the Bank has raised USD 250 million under the Euro 3 billion Medium Term Note Programme through its DIFC branch. The pricing finalization took place on 4th March 2015 and the settlement is scheduled on 11th March 2015. The Notes will be consolidated to form a single series with the US$500,000,000 3.25 per cent Notes due in 21st May 2020 issued on 21 November 2014. The issuance will take the outstanding issue size to a total of USD 750 million.