Axis Bank raises $800 million through dual bond sale

Axis Bank successfully raised $800 million through a dual tranche dollar bond, tapping into the Reserve Bank of India's concessional swap facility. The bank secured $500 million via an Additional Tier 1 perpetual issue and $300 million from a five-year senior bond. Both issuances attracted significant investor interest, closing within initial price guidance and highlighting the bank's strong position in international markets.