News Preview

Yes Bank AT1 bonds: Supreme Court overturns write-off, but will investors get coupon payments? What's the entire matter

Yes Bank AT1 bonds: Supreme Court overturns write-off, but will investors get coupon payments? What's the entire matter

The Supreme Court has overturned the write-off of Yes Bank's Additional Tier 1 (AT-1) bonds, but investors may not receive coupon payments due this year. Yes Bank is reportedly preparing to seek a review, while bondholders seek clarity on unpaid coupons.

Want to stay up to date with the world events at sea or at home?

Explore Navvyx News - the best News app for seafarers.