Re: Intimation regarding outcome of meeting of the capital raising committee of the board of directors of Yes Bank Limited (the "Bank" and such committee, the "CRC") to consider the exercise of certain rights available to the Bank under the terms and conditions of the medium term note programme set up for an amount of U.S.$1 BN (the "Medium Term Note Programme"), in accordance with Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR Regulations").
We refer to the intimation made to the stock exchanges on May 30, 2022. Pursuant to Regulation 30 and other applicable provisions of the SEBI LODR Regulations, we wish to inform you that the CRC, on June 2, 2022 has approved and recommended to make a tender offer for re-purchase in relation to the notes issued under the Medium Term Note Programme of the Bank for an amount of up to USD 200 million at (i) 100% of the principal amount of the notes in relation to notes tendered during an early tender offer period; and (ii) 97% of the principal amount of the notes in relation to notes tendered after the end of the early tender offer period but at or before the expiry of the tender offer. The Bank shall make further intimations in relation to the re-purchase of the notes upon completion of the re-purchase of the notes, in accordance with applicable laws.
The above information is being hosted on the Bank's website www.yesbank.in.
We request you to kindly take the above on your record and disseminate to all concerned.
This announcement is not for release, publication or distribution, directly or indirectly, in or into the United States or in any other jurisdiction in which such release, publication or distribution would be prohibited by applicable law. Nothing in this announcement constitutes an offer to buy or a solicitation of an offer to sell securities, in any jurisdiction in which such offer or solicitation would be unlawful. The Notes which are the subject of the tender offer have not been registered under the United States Securities Act of 1933, as amended, or the securities laws of the United States or any State thereof or the applicable laws of any other jurisdiction.
Registered & Corporate Office: YES BANK Limited, YES BANK House, Off Western Express Highway, Santacruz (East), Mumbai 400055 Tel: +91 (22) 5091 9800 / +91 (22) 6507 9800, Fax: +91 (22) 2619 2866 Website: www.yesbank.inEmail: shareholders@yesbank.inCIN: L65190MH2003PLC143249
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Yes Bank Limited published this content on 02 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 June 2022 10:51:05 UTC.
YES BANK Limited is an India-based commercial bank, which offers a range of products, services and technology-driven digital offerings to its corporate, retail, and micro, small and medium-sized enterprises (MSME) customers. The Company is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking and wealth management. Its segments include Treasury, Corporate Banking, Retail Banking and Other Banking Operations. Treasury segment includes investments, all financial markets activities undertaken on behalf of the Bank's customers and trading. maintenance of reserve requirements and resource mobilization from other banks and financial institutions. Corporate Banking and Retail Banking segment includes lending, deposit-taking and other services offered to corporate and retail customers respectively. Other Banking Operations include para banking activities.
YES BANK LIMITED 
