This is the Bank's first international bond issuance and marks its entry into the global debt capital markets. The transaction follows the assignment of an investment-grade ‘BBB-’ long-term issuer credit rating with a Stable outlook by S&P Global Ratings on August 13, 2026.
The transaction was anchored by marquee global institutional investors, including BlackRock, Capital Group, Alliancebernstein, etc. Their participation reflects strong investor confidence in the Bank's financial strength, growing franchise, prudent risk management and long-term prospects.
Over the last few years, IDFC FIRST Bank has strengthened its balance sheet, built a granular retail deposit franchise, improved profitability and maintained asset quality, while continuing to invest in technology, distribution and customer service. The successful placement of the notes broadens the Bank's funding base and establishes an important new avenue for accessing international capital.
Commenting on the transaction, Mr. Sudhanshu Jain, Chief Financial Officer & Head - Corporate Centre, IDFC FIRST Bank, said, "This inaugural transaction is a landmark milestone for IDFC FIRST Bank. We are delighted to see strong participation from some of the world's leading institutional investors in our maiden international bond issuance.
