据 Gopika Gopakumar 和 Jayshree P. Upadhyay 报道：两位熟悉此事的人士表示，尽管印度最高法院推翻了 Yes Bank 在 2020 年救助期间对其 AT1 债券所做的核销决定，但 Yes Bank 今年仍很可能不会支付这些债券的利息。
By Gopika Gopakumar, Jayshree P Upadhyay India's Yes Bank (YESB.NS) is unlikely to pay coupons due this year on its additional tier-1 (AT1) bonds despite a Supreme Court ruling overturning their write-off during the lender's 2020 rescue, two persons familiar with the matter said.
一位消息人士告诉路透社，Yes Bank 正在准备申请对该裁决进行复审；而债券持有人则持续要求银行支付自 2016 年以来一直未支付的利息。
The bank is preparing to seek a review of the ruling, one of the sources told Reuters, while bondholders press for payment of coupons that have remained unpaid since Yes Bank wrote the bonds off six years ago.
上周，印度最高法院维持了孟买高等法院 2023 年的裁决，该裁决撤销了 Yes Bank 对价值 840 亿卢比（8.86 亿美元）的 AT1 债券的核销决定，这对支持这一决定的银行及监管机构来说是一个重大挫折。Yes Bank 没有回复记者的邮件请求。由于这些人士未被授权就此事发表评论，因此他们要求匿名。
Last week, India's Supreme Court upheld a 2023 Bombay High Court ruling that set aside Yes Bank's write-off of 84 billion rupees ($886 million) worth of AT1 bonds, in a setback to the lender and regulators that had defended the move. Yes Bank did not respond to an email seeking comment. The sources declined to be named as they were not authorised to speak on the matter.
持有这些债券的散户投资者表示，他们在最高法院作出裁决三天后的 10 月 18 日仍未收到应支付的利息。
Retail investors holding the bonds said on Thursday they had not received coupon payments due on October 18, three days after the SC ruling.
投资者在致 Axis Trustee Services Ltd 的信中要求明确利息支付的具体情况，并敦促债券受托人介入处理。他们写道：“我们要求受托人立即从 Yes Bank 获得书面确认：这笔利息是否已经支付、被取消，还是仍然未支付。”
In a letter to Axis Trustee Services Ltd, reviewed by Reuters, investors sought clarity on the status of coupon payments and urged the debenture trustee to intervene. "We call upon the Trustee to obtain immediate written confirmation from Yes Bank as to whether this coupon has been paid, cancelled or remains outstanding," bondholders said.
投资者引用了最高法院的裁决，指出“年度利息的支付不应受到这些上诉结果的影响，必须按照相关规定进行”。不过，这些人士指出债券文件中明确规定银行对利息支付具有自主权，只有当 AT1 债券重新被计入银行资产负债表后，这个问题才能得到解决。
They cited the Supreme Court order that payment of annual coupons "shall remain unaffected by the outcome of these appeals and must be made in terms of the Information Memoranda." The sources, however, said the bond documentation gives the bank discretion over coupon payments and that the issue can only be considered once the AT1 bonds are reinstated on the bank's balance sheet.
据一位熟悉该情况的消息人士告诉路透社，该银行在2020年和2021财年累计的亏损预计要到2028财年才能完全被弥补。这位消息人士还指出，这一情况可能会影响银行是否决定支付其AT1债券的利息（即债券的票面利息）。
The losses the bank accumulated during fiscal years 2020 and 2021 are expected to be fully offset only by fiscal 2028, a third source familiar with the matter told Reuters. This could weigh on the bank's decision to pay coupons on its AT1 bonds, the source added.
根据该银行的最新年度报告，Yes Bank的损益账户中存在527.9亿卢比（约合5.57亿美元）的借方余额（即负债）。
Yes Bank carries a debit balance of 52.79 billion rupees ($557 million) in its profit and loss account, according to the lender's latest annual report.