Yes bank green infrastructure bond

Hello sir I want to know about the green infrastructure bond of Yes Bank so please provide me information about the same.

[Shaleen]

Yes Bank, India’s 4th largest Private Sector Bank issued India’s first ever Green Infrastructure Bonds raising an amount of INR 1000 crores.

About green infrastructure bond

The issue launched on February 16, 2015 for INR 500 crores plus green shoe option

The Insurance companies are Pension & Provident Funds, Foreign Portfolio Investors, New Pension Schemes and Mutual Funds.

The bonds are for a tenor of 10 years.

YES BANK’s Sustainable Investment Banking and Debt Capital Markets team acted as arranger to the transaction.

Yes Bank was the first Bank to have made a commitment of funding 5000 MW of Renewable Energy projects and the funds raised via this bond issue will be utilized towards meeting this commitment.

YES BANK was the sole Knowledge Partner to this conference.

YES BANK has also made a commitment of funding Clean Energy projects at the United Nations Climate Change Summit 2014.

The Bond issue comes on the back of a record USD 1.2 billion capital funds raised by YES BANK in 2014-15 through multiple transactions

In January 2015, YES BANK also signed an MoU of USD 220 million with OPIC, the US Government’s Development Finance Institution and Wells Fargo to explore financing to MSMEs in India.

About YES BANK

Yes Bank, India’s fourth largest private sector Bank, is the outcome of the professional & entrepreneurial commitment, vision & strategy of its Founder Rana Kapoor.

Yes Bank has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers.