Mumbai, Feb 15 : Private sector Lender, Yes Bank has announced the listing of the Bank’s debut USD 600 million bond issue under its maiden USD 1 billion MTN programme on Global Securities Market (GSM).
India’s first capital raising platform for international investors in any currency, located at the Gujarat International Finance Tec City (GIFT City) IFSC.
The MTN (medium term note) bonds issuance received an overwhelming response from international investors and saw a final order book, at a spread of 130 basis points, being oversubscribed by over 1.83 times from over 90 accounts, Yes Bank said in a filing with BSE.
(UNI)
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