Changing market conditions force Yes Bank to pay up

By Pan Yue
12 Jul 2018

Shifting market conditions have forced Yes Bank to pay up for a quick return to the dollar loan market, after it found it difficult to woo lenders to a similar — but tighter priced — offering earlier this year, writes Pan Yue.

Eight firms have been tapped as the mandated lead arrangers and bookrunners of the Indian borrower’s new $400m three year fundraising — BayernLB, Commerzbank, CTBC Bank, First Abu Dhabi Bank, Korea Development Bank, State Bank of India, United Overseas Bank and Westpac. They launched the deal into general ...

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