10.60 (1.16%) Further to its letters dated July 17, 2021 and August 19, 2021, HDFC Bank has informed that Bank (‘Issuer’), a banking company incorporated under the laws of India has raised U.S.$ 1,000,000,000 (U.S.$ One Billion) by the issue and allotment of Direct, Subordinated, Unsecured 3.70%Basel III Compliant Additional Tier I Notes (‘Notes’) to overseas investors in reliance on Rule 144A under the U.S. Securities Act of 1933, as amended (the ‘Securities Act’) and outside the United States in offshore transactions as defined in and in reliance on Regulation S under the Securities Act. The Notes will be listed on the India International Exchange (IFSC) and the NSE IFSC (NSE International Exchange).
The above information is a part of company’s filings submitted to BSE.