Axis Bank has raised $250 million under the Euro 3 billion Medium Term Note Programme through its DIFC branch. The pricing finalization took place on March 04, 2015 and the settlement is scheduled on March 11, 2015.
The Notes will be consolidated to form a single series with the $500,000,000 3.25 percent Notes due in May 21, 2020 issued on November 21, 2014. The issuance will take the outstanding issue size to a total of $750 million.
Axis Bank has 2,505 domestic branches & extension counters and 13,146 ATMs across the country, as on September 30, 2014, the network of Axis Bank spreads across 1,686 cities and towns, enabling the Bank to reach out to a large cross-section of customers with an array of products and services.
