1 week ago
HDFC Bank Plans $1.75 Billion Senior Notes, Wins Ratings
HDFC Bank wants to borrow money from investors by selling senior notes.
These notes would have fixed interest rates.
The bank could raise as much as $1.75 billion.
Moody’s gave the planned notes a Baa3 rating.
Moody’s also said the outlook was Stable, meaning it does not currently expect the rating to change.
S&P Global Ratings gave the notes a BBB rating.
The notes would be issued in U.S. dollars and would mature in 2029 and 2031.
The plan was reported in a regulatory filing published on August 20, 2026.
HDFC Bank plans to raise up to $1.75 billion through fixed-rate senior notes.
Moody’s Investors Service Singapore assigned the proposed notes a Baa3 rating with a Stable Outlook.
The issuance would mark HDFC Bank’s move into international debt markets for funding.
S&P Global Ratings assigned a BBB rating to the proposed U.S.-dollar senior notes.
The notes are due in 2029 and 2031, according to the report.
- Who
- HDFC Bank, with ratings assigned by Moody’s Investors Service Singapore and S&P Global Ratings.
- What
- The bank plans to raise up to $1.75 billion through fixed-rate senior notes.
- Where
- Through international debt markets; the notes are proposed to be U.S.-dollar denominated.
- When
- The report was published on August 20, 2026; the notes are due in 2029 and 2031.
- Why
- To obtain funding through an international debt issuance.
Key facts
- Issuer
- HDFC Bank
- Planned amount
- Up to $1.75 billion
- Instrument
- Fixed-rate senior notes
- Moody’s rating
- Baa3
- Moody’s outlook
- Stable
- S&P rating
- BBB
- Maturity years
- 2029 and 2031
Sources
Related news
HDFC Bank Raises $1.75 Billion Through Overseas Bond Issue
HDFC Bank shares rise after $1.75 billion bond fundraising
IDFC First Bank Raises $500 Million in Overseas Bonds
Bank of Baroda Raises $700 Million via Oversubscribed Overseas Bonds
S&P assigns IDFC First Bank first international investment grade rating
ICICI Bank Prices $1 Billion Notes; Kotak Issues $650 Million
Major Banks Cut FCNR Deposit Rates After Subsidy Ends
Uber Driver Returns ₹37,000 Sent by Mistake, Refuses Reward
ICICI Bank Nears HDFC Bank as Nifty’s Top Influence
Brokerages Suggest HDFC Bank, PB Fintech, Parag Milk Foods
Subhash Chandra Challenges NCLT Bench as NCLAT Appeal Waits
