Cyril Amarchand Mangaldas advised on issuance of NCDs by Five Star Business Finance
Cyril Amarchand Mangaldas (CAM) advised Five-Star Business Finance Limited (Five Star) on issuance senior, secured,
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Cyril Amarchand Mangaldas advised on issuance of NCDs by Five Star Business Finance Cyril Amarchand Mangaldas (CAM) advised Five-Star Business Finance Limited (Five Star) on issuance senior, secured, unsubordinated, rated, listed, transferable, taxable, redeemable, non-convertible debentures (NCDs), each having a face value of INR 1,00,000 aggregating to INR 105 crore. The...
Cyril Amarchand Mangaldas advised on issuance of NCDs by Five Star Business Finance
Cyril Amarchand Mangaldas (CAM) advised Five-Star Business Finance Limited (Five Star) on issuance senior, secured, unsubordinated, rated, listed, transferable, taxable, redeemable, non-convertible debentures (NCDs), each having a face value of INR 1,00,000 aggregating to INR 105 crore.
The Banking, Corporate & Structured Finance Practice of Cyril Amarchand Mangaldas advised on the transaction. The Transaction team was led by Lakshmi Prakash, Partner; with support from Kushal Rohira, Principal Associate-Designate; Kalpalathikaa M, Associate; and Himanshi Mahajan, Associate.
Vijay Parthasarathi, Partner & Regional Co-head Markets Practice (Southern Region)); acted as relationship partner.
Other parties and advisors to the transaction included Catalyst Trusteeship Limited (acted as debenture trustee for Five-Star Business Finance Limited) and NSDL Database Management Limited (acted as registrar for Five-Star Business Finance Limited).
The deal was signed on 11th December 2023; and closed on 12th December 2023.