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Yes Bank launches India's first ever Green Infrastructure Bonds

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Capital Market
Last Updated : Feb 17 2015 | 12:01 AM IST

To raise Rs 500 crore plus greenshoe

Yes Bank announced that it will raise Rs 500 crore plus greenshoe via issue of India's first ever Green Infrastructure Bonds. The bonds are for a tenor of 10 years. The amount raised will be used by Yes Bank to finance Green Infrastructure in Renewable Energy and Energy Efficiency Projects including solar power, wind energy, biomass and small hydel projects.

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First Published: Feb 16 2015 | 10:50 AM IST

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