Yes Bank raises Rs 545 crore of Basel III compliant Tier II bonds

On private placement basis

Yes Bank has successfully raised Rs 545 crore of Basel III compliant Tier II bonds on private placement basis. The issue was closed on 31 March 2016.

The issue was rated "ICRA AA+ hyb" by ICRA and "CARE AA+" by CARE.

The Bonds will be listed on the BSE.

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