ICICI Bank Completes Full Redemption Of USD 816 Million Outstanding GMTN Notes ICICI Bank has successfully redeemed USD 816 million in outstanding notes under its Global Medium Term Note Programme, including USD 800 million in principal and USD 16 million in accrued interest. The redemption was completed on March 18, 2026, in full compliance with regulatory requirements and demonstrates the bank's commitment to meeting international debt obligations on schedule. The bank redeemed notes with a total value significantly higher than the principal amount due to accrued interest obligations. The comprehensive redemption package highlights ICICI Bank's dedication to fulfilling its international debt obligations as scheduled. The transaction was carried out in accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring adherence to domestic and international financial disclosure standards. The redeemed securities were issued under the bank's Global Medium Term Note Programme and carried specific international identification numbers for tracking and settlement purposes. These identifiers facilitated seamless processing across global markets, reflecting the bank's structured approach to managing its debt instruments. The redemption was formally communicated to multiple stock exchanges and regulatory bodies as part of ICICI Bank's disclosure obligations. The bank notified both domestic and international exchanges to ensure transparency across all markets where its securities are listed. This step underscores the bank's commitment to maintaining clear and consistent communication with stakeholders, aligning with global best practices for corporate governance.#board_meeting #icici_bank #securities_and_exchange_board_of_india #global_medium_term_note_programme #stock_exchanges
