India’s Yes Bank plans placement of Rs. 1 billion of long-term bonds

By Wendy Van Sickle

Columbus, Ohio, Sept. 29 – Yes Bank Ltd. plans to issue Rs. 1 billion of redeemable long-term bonds with a Rs. 1.5 billion greenshoe, according to a notice filed with the Bombay Stock Exchange.

The bonds will be issued on a private placement basis.

Yes Bank is a private sector bank with headquarters in Mumbai.

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