Saloni Shukla · Business · 2026-08-19
IDFC First Bank raises $500 million through maiden overseas bond issue
IDFC First Bank raised $500 million through its first international bond issuance, marking its entry into global debt markets. The three-year bonds carry a 5.625% coupon and mature in 2029. Backed by an investment-grade S&P rating, the issue attracted major global investors, diversifying the banks f... IDFC First Bank raised $500 million through its first international bond issuance, marking its entry into global debt markets. The three-year bonds carry a 5.625% coupon and mature in 2029. Backed by an investment-grade S&P rating, the issue attracted major global investors, diversifying the banks funding sources and supporting long-term expansion. IDFC First Bank
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