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Axis Bank’s Gift City Branch secures Baa3 rating from Moody’s for $300 million Senior Notes

04-Aug-26   19:57 Hrs IST
Axis Bank Ltd announced that Moody’s Investors Service has assigned a rating of Baa3 with a stable outlook to Senior Notes issued by its Gift City Branch under the Bank’s GMTN programme, totaling U.S.$300,000,000, which are consolidated with the existing U.S.$5,000,000,000 Global Medium Term Note Programme, and has also assigned a Baa3 rating to USD300,000,000 5.348% Fixed Rate MTNs due 30th June 2031, Series 30 (ISIN: XS3423944779), with no enhancements, assignments, or withdrawals noted by other rating agencies for any other instruments.

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