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Yes Bank to Raise $1 bn With Medium Term Note Programme
December 27, 2017
In a bid to raise $1 billion (about Rs. 6400 crores), Mumbai-based Yes Bank has set up a medium-term note (MTN) programme under which it will issue debt securities on a private placement basis.
In a recent regulatory filing, the private sector lender said that it has obtained the approval from the Capital Raising Committee to set up an MTN programme as per which it can raise capital in both Indian as well as non-Indian currencies.
