INDUSIND BANK LTD. - 532187 - Intimation Regarding The Pricing Details Of The Medium Term Notes Issued Under The Medium Term Note Programme (The 'Notes') Of Indusind Bank Limited (The 'Bank') Acting Through Its International Financial Services Centre Banking Unit (The 'IBU') In Accordance With Applicable Provisions Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 As Amended (The 'SEBI Listing Regulations').
We wish to inform you that the Bank has priced the Notes at 3.875 per cent. fixed rate on April 8, 2019 under the Medium Term Notes Programme acting through its IBU having an issue size of US $ 400 million. The Notes carry a fixed coupon of 3.875% and shall be payable on a semiannual basis. The Notes are expected to be settled on April 15, 2019 and will mature on April 15, 2022 i.e., a period of three years from the date of allotment of the Notes. These Notes are proposed to be listed on the India International Exchange (IFSC) Limited (INX) and Singapore Exchange Securities Trading Limited and are expected to be rated 'Baa3' by Moody's Investors Service, Inc. The Bank shall make relevant intimation once the allotment of the Notes, are complete.08-04-2019