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via thehindubusinessline.comBusiness & Companies

Yes Bank unlikely to pay AT1 bond coupons despite bondholder demands

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

Yes Bank may not pay AT1 bond coupons due this year despite the Supreme Court overturning the ₹8,400-crore write-off, as the bank considers a review plea.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishMissed AT1 coupon payments could weigh on sentiment toward Indian bank debt.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Yes Bank may not pay AT1 bond coupons due this year.
  2. 02The Supreme Court overturned the ₹8,400-crore write-off.
  3. 03The bank is considering a review plea.

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