Yes Bank AT1 coupon due, bondholders seek clarity

The annual coupon on Yes Bank’s 9% additional tier-1 bonds fell due on October 18, shortly after the Supreme Court issued an order restoring the bonds.

Coupon Due After Supreme Court Order

The timing has placed the bond coupon deadline close to the court’s decision. The Supreme Court order was issued on October 15, while the annual coupon became due three days later.

Bondholders Seek Clarity

Bondholders are seeking clarity following the court order and the coupon’s due date. The available information does not specify the status of the payment or provide further details on the next steps.

The developments concern Yes Bank’s 9% AT1 bonds and the obligations associated with their annual coupon.