Yes Bank has successfully raised Rs 554.2 crore of Basel III compliant Tier II bonds. The issue was rated AA+ hyb by ICRA and AA+ by CARE. The issue closed on June 29, 2015 and witnessed strong demand from leading investors including several Insurance companies and pension & Provident Funds, resulting in a total subscription of Rs 554.2 crore. The said bonds are listed on the Bombay Stock Exchange (BSE) and were raised at a coupon rate of 9.15%, with a tenor of 10 years.
Yes Bank, Indai’s fifth largest private sector bank with a pan India presence across all 29 states and 7 union Territories of India.
| Company Name | CMP |
|---|---|
| HDFC Bank | 799.90 |
| ICICI Bank | 1347.50 |
| Axis Bank | 1359.15 |
| Kotak Mahindra Bank | 383.50 |
| Indusind Bank | 853.15 |
| View more.. | |
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