YES Bank - Addl $ 600 million to be raised!!

16 thg 8, 2019

In a late evening exchange filing on August 15, Yes Bank confirmed that it has sold around 231 million shares to Societe Generale (18.75 percent of 231 million), Key Square Master Fund (16.2 percent), BNP Paribas Arbitrage (14.43 percent), HDFC Balanced Advantage Fund (10.26 percent) and Key Square Master Fund II (5.88 percent), among other shares.

All the big fund houses have increased their stake in YES Bank.

This should make the second target 89 achievable in the coming days.