← Back to feedRead original →
VERIFIEDET Markets·positive
Yes Bank makes bond market comeback years after AT1 write-off
AI Summary
- ·Yes Bank is planning its first dollar bond issuance since its 2020 AT1 debt write-off.
- ·The bank is preparing a benchmark-sized three-year note.
- ·This move follows a turnaround, ratings upgrades, and a stake purchase by Sumitomo Mitsui Financial Group.