Others

Axis Bank Ltd. - Announcement under Regulation 30 (LODR)-Allotment

| Updated on December 28, 2018 Published on December 28, 2018

Further to our letter dated 21st December, 2018, relating to Prior Intimation Regarding Issue of Non-Convertible Debt Securities, we are pleased to inform that the Committee of Whole-time Directors of the Bank, today approved the allotted 30,000 Senior Unsecured Redeemable Non-Convertible Debentures of the face value of Rs. 10 lakh each (Debentures), for cash, at par aggregating to Rs. 3,000 Crore at coupon rate of 8.60% p.a., on a private placement basis.

The said Debentures is rated AAA/Stable by CRISIL, and AAA by ICRA.

The said Debentures will be listed on the Wholesale Debt Market segment of the BSE Limited and National Stock Exchange of India Limited.

Pdf Link: Axis Bank Ltd. - Announcement under Regulation 30 (LODR)-Allotment

Source : BSE - www.bseindia.com

Published on December 28, 2018
This article is closed for comments.
Please Email the Editor