Allotment of AT 1 Notes

Summary by AI BETAClose X

Axis Bank Limited has successfully allotted US$100,000,000 of 6.875% Additional Tier 1 Notes, which will be consolidated with the previously issued US$500,000,000 of similar notes. These new notes are set to be listed on the Global Securities Market of the India International Exchange (IFSC) Limited and the Debt Securities Market of NSE IFSC Limited. This issuance and allotment were completed in compliance with all applicable laws and regulatory requirements.

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