Yes Bank has listed its debut $600 million bond issue under its maiden $1 billion MTN programme on Global Securities Market (GSM), India's first capital raising platform for international investors in any currency, located at the Gujarat International Finance Tec City (GIFT City) IFSC. Yes Bank will use the proceeds to fund the bank’s IFSC Banking Unit (IBU) in Gift City and expand IBU’s rapidly growing business opportunities.
Yes Bank, India’s fifth largest private sector bank has a pan India presence across all 29 states and 7 Union Territories of India.