Yes Bank has received an approval for issuance and allotment of fixed rate notes for an aggregate principal amount of $600 million under the Medium Term Note (MTN) Programme. The Capital Raising Committee of the board at its meeting held on February 02, 2018 has approved for the same.
The said notes will be issued and allotted on February 6, 2018. The Notes will be listed on Singapore Exchange Securities Trading, International Securities Market of The London Stock Exchange and The India International Exchange IFSC. The Notes has been rated as ‘Baa3’ by Moody’s Investors Service.
Yes Bank is India’s fifth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India.
