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

Capital Market 

Capital of Board to decide on or after 21 March 2018

announced that the Capital of the 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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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, March 17 2018. 12:13 IST
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