IDFC FIRST Bank Successfully Accesses International Debt Capital Markets with Maiden US$500 Million Bond Issuance
Mumbai, Maharashtra, India – Business Wire IndiaIDFC FIRST Bank Limited, acting through its IFSC Banking Unit at GIFT City, announced the successful pricing and allocation of its inaugural US$500 million three-year fixed-rate senior notes due 2029. The notes carry a fixed coupon of 5.625% and were placed with investors outside the United States in Regulation S format. This is the Bank’s first international bond issuance and marks its entry into the global debt capital markets. The transaction follows the as ...