Shardul Amarchand Mangaldas & Co. Advised Manappuram Finance Ltd. On The Update Of Its Existing Euro Medium Term Note Programme

Shardul Amarchand Mangaldas & Co. advised Manappuram Finance Limited on updating their USD 750 million Euro Medium Term

Law Firm - Shardul Amarchand Mangaldas & Co.
By :  Legal Era
Update: 2024-05-22 07:00 GMT

Shardul Amarchand Mangaldas & Co. Advised Manappuram Finance Ltd. On The Update Of Its Existing Euro Medium Term Note Programme Shardul Amarchand Mangaldas & Co. advised Manappuram Finance Limited on updating their USD 750 million Euro Medium Term Note Programme and issuance of senior secured notes (under the Reserve Bank of India’s guidelines governing External Commercial...


Shardul Amarchand Mangaldas & Co. Advised Manappuram Finance Ltd. On The Update Of Its Existing Euro Medium Term Note Programme

Shardul Amarchand Mangaldas & Co. advised Manappuram Finance Limited on updating their USD 750 million Euro Medium Term Note Programme and issuance of senior secured notes (under the Reserve Bank of India’s guidelines governing External Commercial Borrowings) of a principal aggregate amount of USD 300 million.

The notes will be listed on the Global Securities Market section of India International Exchange (IFSC) Limited (India INX).

The transaction Involved Barclays Bank PLC and Citigroup Global Markets Limited as the original dealers and arrangers, DB Trustees (Hong Kong) Limited as the trustee and Catalyst Trusteeship Limited as the security trustee.

The deal was led by Partner Shubhangi Garg, with assistance from Principal Associate Himanshu Malhotra and Associates Lidia Kharmih and Apoorva Tyagi. Partner Gouri Puri and Senior Associate Nimish Malpani provided analysis on tax aspects.

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By - Legal Era

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