India’s Yes Bank may sell up to Rs. 100 billion of notes, green bonds

By Susanna Moon

Chicago, Dec. 15 – Yes Bank Ltd. notified the Bombay Stock Exchange that it may issue up to Rs. 100 billion of notes.

The bonds would be issued in a private placement in one or more tranches, according to the notice.

The Basel 3-compliant tier 1 or tier 2 notes issue will be considered at a company committee meeting set for Dec. 20 and the green infra bonds at a meeting to be held Dec. 23.

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

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