By Rebecca Melvin
New York, Feb. 2 – Yes Bank Ltd. priced $600 million 3¾% five-year senior notes (expected ratings: Baa3) at 99.657 under its medium-term note program, according to a news release on Friday.
The bank’s MTN program is for a total of $1 billion.
The notes will be listed on the Singapore Exchange Securities Trading Ltd., the London Stock Exchange International Securities Markets and the India International Exchange IFSC Ltd.
Yes Bank is a private sector bank with headquarters in Mumbai.
| Issuer: | Yes Bank Ltd.
|
| Issue: | Notes
|
| Amount: | $600 million
|
| Maturity: | Feb. 6, 2023
|
| Coupon: | 3¾%
|
| Price: | 99.657
|
| Announcement date: | Feb. 2
|
| Settlement date: | Feb. 6
|
| Rating: | Moody’s: Baa3
|
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