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Yes Bank contemplates issue of second tranche of notes under MTN programme

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Capital Market

Capital Raising Committee of Board to decide on or after 21 March 2018

Yes Bank announced that the Capital Raising Committee of the Board of Directors of the Bank would consider a potential issuance of second tranche of Notes under the Medium Term Note Programme of the Bank, within the limits permitted by regulatory authorities, on or after 21 March 2018.

In November 2017, the Committee had approved the setting up of the Medium Term Note Programme of the Bank aggregating to an amount of US$ 1 Billion (the 'Medium Term Note Programme'), out of which US$ 600 Million has already been drawn in the first tranche.

 

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First Published: Mar 17 2018 | 12:13 PM IST

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