YES Bank will raise $600 million via issue of notes maturing in five years, under its $1-billion medium-term note programme, it said in an exchange filing on Friday. The notes, which carry a semi-annual coupon of 3.75 per cent, will be issued and allotted on Tuesday. The notes will be listed on the Singapore and London stock exchanges, apart from India International Exchange at International Financial Services Centre in Gujarat International Finance Tec-City. The notes are rated Baa3 by Moody’s Investor Services. Shares of YES Bank were down 2.7 per cent at ₹349.05 on the NSE.
Company News: YES Bank
Published on
February 2, 2018 15:48