Yes Bank raises Rs 330 crore via Green Infra Bonds

Source: The Hitavada      Date: 31 Dec 2016 09:23:25


NEW DELHI,

Dec 30,

(PTI),

PRIVATE lender Yes Bank Friday said it had raised Rs 330 crore through Green Infrastructure Bonds on a private placement basis. “The Bank has successfully raised Rs 330 crore of Green Infrastructure Bonds through private placement,” Yes Bank said in a BSE filing. The bonds are to be listed on the Bombay Stock Exchange and will have a tenure of seven years, offering interest rate of 7.62 per cent per annum. Shares of Yes Bank were trading 0.50 per cent higher at Rs 1,154.55 on the Bombay Stock Exchange (BSE).